1360 Mortimer StBarryIL62312
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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 Barry at 1360 Mortimer St, Barry, IL, 62312 generates $877/mo in rent and, after a $538/mo payment, leaves $114/mo in cash flow. Total monthly income is $877/mo, and annual cash flow is $1,373/yr on $36,465 invested. Return on cash invested sits at 23.67% in year one, and rental yield is 9.57% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 124.06% and total cumulative return in cash sums $45,240. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $877/mo property income rather than buyer’s personal income.
Single Family
Built in 1890
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62312, Barry, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 984 (100%) |
| Owner Occupied HU | 669 (68.0%) |
| Renter Occupied HU | 175 (17.8%) |
| Vacant Housing Units | 140 (14.2%) |
| Median Home Value | $123,933 |
| Average Home Value | $170,732 |
Housing Distribution
Address Breakdown
Residential
816
Single Family
816
Multi-Family
0
Businesses
65
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