111 N Duncan StMarineIL62061
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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 Marine at 111 N Duncan St, Marine, IL, 62061 earns $377/mo cash flow from $1,481/mo rent with a $732/mo payment. Total monthly income totals $1,481/mo, and annual cash flow totals $4,519/yr on $49,546 capital. ROI tracks 29.03% on current figures, and rental yield reads 11.89% at a $149,460 purchase. Equity gained on principal adds $964/yr, and 5% annual appreciation supports $41,293 over five years. Five-year ROI reaches 153.35% and total cumulative return in cash sums $75,976. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,481/mo property income instead of your personal income.
Single Family
Built in 1920
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62061, Marine, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 770 (100%) |
| Owner Occupied HU | 592 (76.9%) |
| Renter Occupied HU | 116 (15.1%) |
| Vacant Housing Units | 62 ( 8.1%) |
| Median Home Value | $286,905 |
| Average Home Value | $301,014 |
Housing Distribution
Address Breakdown
Residential
592
Single Family
569
Multi-Family
23
Businesses
45
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