1032 E Broadway, Monmouth, IL, 61462 | Equity Gain $8,389/yr

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Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Total monthly income runs $1,648/mo, and a $6,363/mo payment. Purchase price stands at $1,300,000, and rental yield measures 1.52% with $1,648/mo rent. Return on cash invested shows -0.62% in year one, and 5% annual appreciation builds toward $359,166 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,648/mo property income covering a $6,363/mo payment rather than investor’s personal income.

Multi Family

Built in 1967

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 61462, Monmouth, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,818 (100%)
Owner Occupied HU	3,039 (63.1%)
Renter Occupied HU	1,128 (23.4%)
Vacant Housing Units	651 (13.5%)
Median Home Value	$112,163
Average Home Value	$161,049