127 Murray AvePanamaIL62077
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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 Panama at 127 Murray Ave, Panama, IL, 62077 offers $1,133/mo rent that, after a $978/mo payment. Total monthly income is $1,133/mo. Return on cash invested measures 15.33% in year one, and rental yield stands at 6.8% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Five-year ROI records 79.24% and total cumulative return in cash reaches $52,513. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,133/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
6.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62077, Panama, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 171 (100%) |
| Owner Occupied HU | 137 (80.1%) |
| Renter Occupied HU | 21 (12.3%) |
| Vacant Housing Units | 13 ( 7.6%) |
| Median Home Value | $99,375 |
| Average Home Value | $146,971 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
6
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