1150 N 1965th AveMendonIL62351
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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 Mendon at 1150 N 1965th Ave, Mendon, IL, 62351 earns $836/mo cash flow from $3,973/mo rent with a $2,202/mo payment. Total monthly income totals $3,973/mo, and annual cash flow totals $10,029/yr on $149,142 capital. ROI tracks 26.63% on current figures, and rental yield reads 10.6% at a $449,900 purchase. Equity gained on principal adds $2,903/yr, and 5% annual appreciation supports $124,299 over five years. Five-year ROI reaches 139.93% and total cumulative return in cash sums $208,690. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,973/mo property income instead of your personal income.
Single Family
Built in 2023
5.02 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62351, Mendon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 737 (100%) |
| Owner Occupied HU | 531 (72.0%) |
| Renter Occupied HU | 125 (17.0%) |
| Vacant Housing Units | 81 (11.0%) |
| Median Home Value | $149,826 |
| Average Home Value | $185,989 |
Housing Distribution
Address Breakdown
Residential
695
Single Family
695
Multi-Family
0
Businesses
32
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Listed by: Carol Rischar • Bower & Associates, Inc., REALTORS
Mls Name: Quincy AOR
Mls Provider:
Mls ID: #203245
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.