1218 Joseph StMacombIL61455
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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 Macomb at 1218 Joseph St, Macomb, IL, 61455 earns $82/mo cash flow from $2,337/mo rent with a $1,591/mo payment. Total monthly income totals $2,337/mo, and annual cash flow totals $989/yr on $107,738 capital. ROI tracks 20.83% on current figures, and rental yield reads 8.63% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 108.77% and total cumulative return in cash sums $117,181. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,337/mo property income instead of your personal income.
Single Family
Built in 2000
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61455, Macomb, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,957 (100%) |
| Owner Occupied HU | 3,954 (44.1%) |
| Renter Occupied HU | 3,307 (36.9%) |
| Vacant Housing Units | 1,696 (18.9%) |
| Median Home Value | $134,948 |
| Average Home Value | $176,315 |
Housing Distribution
Address Breakdown
Residential
7,967
Single Family
7,342
Multi-Family
625
Businesses
763
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