116 Abbey DrGeneseoIL61254
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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 Geneseo at 116 Abbey Dr, Geneseo, IL, 61254 uses $54,532 cash to close to unlock $419/yr annual cash flow and $35/mo monthly cash flow. Total monthly income runs $1,254/mo, and a $805/mo payment keeps the spread at $35/mo. Purchase price stands at $164,500, and rental yield measures 9.15% with $1,254/mo rent. Return on cash invested shows 20.68% in year one, and 5% annual appreciation builds toward $45,448 over five years. Five-year ROI reaches 108.55% and total cumulative return in cash records $59,194. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,254/mo property income covering a $805/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.36 Acres lot
$N/A/sqft
$60 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61254, Geneseo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,167 (100%) |
| Owner Occupied HU | 3,911 (75.7%) |
| Renter Occupied HU | 878 (17.0%) |
| Vacant Housing Units | 378 ( 7.3%) |
| Median Home Value | $226,871 |
| Average Home Value | $250,255 |
Housing Distribution
Address Breakdown
Residential
5,015
Single Family
4,696
Multi-Family
319
Businesses
408
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Listed by: Penny Egert • Ruhl&Ruhl REALTORS Moline
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4266864
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.