121 W Broadway AveNokomisIL62075
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Nokomis at 121 W Broadway Ave, Nokomis, IL, 62075 at $185,000 posts ROI 46.02% with $1,334/mo cash flow from $2,617/mo rent. Total monthly income equals $2,617/mo, and annual cash flow records $16,011/yr on $61,328 to close. Return on cash invested measures 46.02% and rental yield reads 16.98% at the current $185,000. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 by year five. Five-year ROI prints 243.89% and total cumulative return in cash totals $149,571.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,617/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1977
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62075, Nokomis, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,518 (100%) |
| Owner Occupied HU | 1,085 (71.5%) |
| Renter Occupied HU | 245 (16.1%) |
| Vacant Housing Units | 188 (12.4%) |
| Median Home Value | $120,682 |
| Average Home Value | $184,005 |
Housing Distribution
Address Breakdown
Residential
1,386
Single Family
1,365
Multi-Family
21
Businesses
111
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Listed by: Kent E Aumann • Aumann Realty Inc
Mls Name: MARIS
Mls Provider:
Mls ID: #25057544
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