1205 Michele DrPawneeIL62558
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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 Pawnee at 1205 Michele Dr, Pawnee, IL, 62558 priced at $385,000 converts $1,676/mo rent into after a $1,884/mo obligation. Total monthly income equals $1,676/mo. Return on cash invested prints 10.56% in year one, and rental yield reads 5.22% against a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation compiles into $106,368 by year five. Five-year ROI reaches 53.69% and total cumulative return in cash sums $68,518. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,676/mo property income covering a $1,884/mo payment, not borrower’s personal income.
Single Family
Built in 2004
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62558, Pawnee, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,585 (100%) |
| Owner Occupied HU | 1,193 (75.3%) |
| Renter Occupied HU | 255 (16.1%) |
| Vacant Housing Units | 137 ( 8.6%) |
| Median Home Value | $197,624 |
| Average Home Value | $210,166 |
Housing Distribution
Address Breakdown
Residential
1,215
Single Family
1,185
Multi-Family
30
Businesses
64
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Listed by: Nicholas Campo • Campo Realty, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1036218
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.