110 E Maywood StMortonIL61550
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Morton at 110 E Maywood St, Morton, IL, 61550 offers a 9.31% rental yield on a $249,900 purchase with $1,938/mo rent. Total monthly income registers $1,938/mo, and a $1,223/mo payment leaves $205/mo available for distribution. Annual cash flow reaches $2,457/yr on $82,842 to close, and return on cash invested stands at 22.88% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 119.74% and total cumulative return in cash at $99,194. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,938/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
9,374 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61550, Morton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,208 (100%) |
| Owner Occupied HU | 6,070 (74.0%) |
| Renter Occupied HU | 1,646 (20.1%) |
| Vacant Housing Units | 492 ( 6.0%) |
| Median Home Value | $256,664 |
| Average Home Value | $269,464 |
Housing Distribution
Address Breakdown
Residential
8,202
Single Family
7,148
Multi-Family
1,054
Businesses
735
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices