116 W Main StLittle YorkIL61453
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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
Rental property for sale in Little York at 116 W Main St, Little York, IL, 61453 generates $971/mo in rent and, after a $612/mo payment, leaves $104/mo in cash flow. Total monthly income is $971/mo, and annual cash flow is $1,245/yr on $41,438 invested. Return on cash invested sits at 22.91% in year one, and rental yield is 9.32% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 119.96% and total cumulative return in cash sums $49,709. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $971/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61453, Little York, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 241 (100%) |
| Owner Occupied HU | 174 (72.2%) |
| Renter Occupied HU | 29 (12.0%) |
| Vacant Housing Units | 38 (15.8%) |
| Median Home Value | $95,000 |
| Average Home Value | $155,302 |
Housing Distribution
Address Breakdown
Residential
208
Single Family
208
Multi-Family
0
Businesses
13
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Listed by: John Doyle • Doyle & Associates Realty, LLC
Mls Name: My State MLS
Mls ID: #11352254