121 E 4th StMineralIL61344
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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 Mineral at 121 E 4th St, Mineral, IL, 61344 priced at $169,900 converts $1,297/mo rent into $118/mo cash flow after a $832/mo obligation. Total monthly income equals $1,297/mo, and annual cash flow totals $1,417/yr on $56,322 invested. Return on cash invested prints 22.43% in year one, and rental yield reads 9.16% against a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation compiles into $46,940 by year five. Five-year ROI reaches 117.38% and total cumulative return in cash sums $66,110. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,297/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 1966
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61344, Mineral, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 173 (100%) |
| Owner Occupied HU | 127 (73.4%) |
| Renter Occupied HU | 26 (15.0%) |
| Vacant Housing Units | 20 (11.6%) |
| Median Home Value | $182,955 |
| Average Home Value | $231,339 |
Housing Distribution
Address Breakdown
Residential
76
Single Family
76
Multi-Family
0
Businesses
9
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Listed by: Andrew Welgat • Arrow Real Estate Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4257811
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.