1101 James CtMahometIL61853
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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 Mahomet at 1101 James Ct, Mahomet, IL, 61853 uses $54,366 cash to close to unlock $8,258/yr annual cash flow and $688/mo monthly cash flow. Total monthly income runs $1,826/mo, and a $803/mo payment keeps the spread at $688/mo. Purchase price stands at $164,000, and rental yield measures 13.36% with $1,826/mo rent. Return on cash invested shows 35.1% in year one, and 5% annual appreciation builds toward $45,310 over five years. Five-year ROI reaches 185.36% and total cumulative return in cash records $100,773. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,826/mo property income covering a $803/mo payment rather than investor’s personal income.
Single Family
Built in 2010
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61853, Mahomet, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,053 (100%) |
| Owner Occupied HU | 4,558 (75.3%) |
| Renter Occupied HU | 997 (16.5%) |
| Vacant Housing Units | 498 ( 8.2%) |
| Median Home Value | $296,520 |
| Average Home Value | $324,365 |
Housing Distribution
Address Breakdown
Residential
5,793
Single Family
5,101
Multi-Family
692
Businesses
379
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