12580 Norman RdMarionIL62959
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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 Marion at 12580 Norman Rd, Marion, IL, 62959 earns $642/mo cash flow from $2,993/mo rent with a $1,659/mo payment. Total monthly income totals $2,993/mo, and annual cash flow totals $7,702/yr on $112,379 capital. ROI tracks 26.76% on current figures, and rental yield reads 10.59% at a $339,000 purchase. Equity gained on principal adds $2,188/yr, and 5% annual appreciation supports $93,659 over five years. Five-year ROI reaches 140.57% and total cumulative return in cash sums $157,972. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,993/mo property income instead of your personal income.
Single Family
Built in 1976
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62959, Marion, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,389 (100%) |
| Owner Occupied HU | 7,893 (59.0%) |
| Renter Occupied HU | 3,743 (28.0%) |
| Vacant Housing Units | 1,753 (13.1%) |
| Median Home Value | $204,838 |
| Average Home Value | $249,602 |
Housing Distribution
Address Breakdown
Residential
12,303
Single Family
11,733
Multi-Family
570
Businesses
1,347
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