110 E Center StMount MorrisIL61054
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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 Mount Morris at 110 E Center St, Mount Morris, IL, 61054 with 5% annual appreciation on a $160,000 basis while $2,034/mo rent supports operations. Total monthly income totals $2,034/mo and a $783/mo payment preserves $905/mo for cash returns. Annual cash flow comes to $10,863/yr on $53,040 deployed, and return on cash invested reaches 40.39% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,205 alongside rental yield of 15.25%. Five-year ROI measures 213.87% and total cumulative return in cash totals $113,438.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,034/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1938
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61054, Mount Morris, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,903 (100%) |
| Owner Occupied HU | 1,164 (61.2%) |
| Renter Occupied HU | 529 (27.8%) |
| Vacant Housing Units | 210 (11.0%) |
| Median Home Value | $176,750 |
| Average Home Value | $237,317 |
Housing Distribution
Address Breakdown
Residential
1,697
Single Family
1,605
Multi-Family
92
Businesses
93
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Listed by: Rebecca Adams • Re/Max Of Rock Valley
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202502965
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.