11237 Mayer RdMarineIL62061
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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 11237 Mayer Rd, Marine, IL, 62061 offers a 4.68% rental yield on a $675,000 purchase with $2,632/mo rent. 98% in year one. Equity gained on principal adds $4,356/yr while 5% annual appreciation supports $186,490 over five years. Portfolio math shows five-year ROI at 45.19% and total cumulative return in cash at $100,359. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,632/mo property income against a $3,304/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
11.10 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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Listed by: Jane F Duft • Coldwell Banker Brown Realtors
Mls Name: MARIS
Mls Provider:
Mls ID: #25007771
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