1104 Parkview DrMahometIL61853
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
Rental property for sale in Mahomet at 1104 Parkview Dr, Mahomet, IL, 61853 generates $2,822/mo in rent, after a $2,599/mo payment. Total monthly income is $2,822/mo. Return on cash invested sits at 14.03% in year one, and rental yield is 6.38% on a $531,000 entry. Equity gained on principal adds $3,426/yr, while 5% annual appreciation builds toward $146,706 over five years. Five-year ROI reaches 72.33% and total cumulative return in cash sums $126,369. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,822/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
0.84 Acres lot
$N/A/sqft
$200 annually 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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Listed by: Lisa Duncan • KELLER WILLIAMS-TREC
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12332835
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)