108 Chase LnMarionIL62959
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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
Investment Highlights
Investment property for sale in Marion at 108 Chase Ln, Marion, IL, 62959 with 5% annual appreciation on a $238,700 basis while $2,201/mo rent supports operations. Total monthly income totals $2,201/mo and a $1,168/mo payment preserves $546/mo for cash returns. Annual cash flow comes to $6,548/yr on $79,129 deployed, and return on cash invested reaches 28.18% in year one. Equity gained on principal adds $1,540/yr, and five-year appreciation sums $65,948 alongside rental yield of 11.06%. Five-year ROI measures 148.21% and total cumulative return in cash totals $117,278.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,201/mo property income versus a $1,168/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62959, Marion, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,389 (100%) |
| Owner Occupied HU | 7,893 (59.0%) |
| Renter Occupied HU | 3,743 (28.0%) |
| Vacant Housing Units | 1,753 (13.1%) |
| Median Home Value | $204,838 |
| Average Home Value | $249,602 |
Housing Distribution
Address Breakdown
Residential
12,303
Single Family
11,733
Multi-Family
570
Businesses
1,347
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