1110 5th StMendotaIL61342
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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 Mendota at 1110 5th St, Mendota, IL, 61342 offers a 2.35% rental yield on a $310,000 purchase with $606/mo rent. 88% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,647 over five years. Portfolio math shows five-year ROI at 7.18% and total cumulative return in cash at $7,375. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $606/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1901
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61342, Mendota, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,792 (100%) |
| Owner Occupied HU | 2,433 (64.2%) |
| Renter Occupied HU | 998 (26.3%) |
| Vacant Housing Units | 361 ( 9.5%) |
| Median Home Value | $155,860 |
| Average Home Value | $206,099 |
Housing Distribution
Address Breakdown
Residential
3,544
Single Family
3,292
Multi-Family
252
Businesses
320
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