12936 Melrose RdCaledoniaIL61011
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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 Caledonia at 12936 Melrose Rd, Caledonia, IL, 61011 listed at $995,000 pairs $5,489/mo rent with a $4,870/mo payment. Total monthly income runs $5,489/mo. Return on cash invested measures 14.88% in year one, and rental yield registers 6.62% at a $995,000 basis. Equity gained on principal adds $6,421/yr, and annual property appreciation at 5% supports $274,900 by year five. Five-year ROI tracks 76.84% and total cumulative return in cash totals $251,550. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,489/mo property income relative to a $4,870/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61011, Caledonia, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,184 (100%) |
| Owner Occupied HU | 1,038 (87.7%) |
| Renter Occupied HU | 96 ( 8.1%) |
| Vacant Housing Units | 50 ( 4.2%) |
| Median Home Value | $294,685 |
| Average Home Value | $342,319 |
Housing Distribution
Address Breakdown
Residential
1,119
Single Family
1,119
Multi-Family
0
Businesses
36
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