109 S Main StEllis GroveIL62241
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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 Ellis Grove at 109 S Main St, Ellis Grove, IL, 62241 with 5% annual appreciation on a $165,000 basis while $1,212/mo rent supports operations. Total monthly income totals $1,212/mo and a $808/mo payment preserves $67/mo for cash returns. Annual cash flow comes to $805/yr on $54,698 deployed, and return on cash invested reaches 21.38% in year one. Equity gained on principal adds $1,065/yr, and five-year appreciation sums $45,586 alongside rental yield of 8.81%. Five-year ROI measures 111.8% and total cumulative return in cash totals $61,151.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,212/mo property income versus a $808/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2000
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62241, Ellis Grove, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 454 (100%) |
| Owner Occupied HU | 336 (74.0%) |
| Renter Occupied HU | 71 (15.6%) |
| Vacant Housing Units | 47 (10.4%) |
| Median Home Value | $158,051 |
| Average Home Value | $180,402 |
Housing Distribution
Address Breakdown
Residential
412
Single Family
412
Multi-Family
0
Businesses
10
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Listed by: Robin K Bert • Worth Clark Realty
Mls Name: MARIS
Mls ID: #25057460