15023 E McNeal RdMonroe CenterIL61052
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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 Monroe Center at 15023 E McNeal Rd, Monroe Center, IL, 61052 offers a 0% rental yield on a $489,000 purchase with $0/mo rent. 2% in year one. Equity gained on principal adds $3,155/yr while 5% annual appreciation supports $135,102 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $2,393/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61052, Monroe Center, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 458 (100%) |
| Owner Occupied HU | 376 (82.1%) |
| Renter Occupied HU | 61 (13.3%) |
| Vacant Housing Units | 21 ( 4.6%) |
| Median Home Value | $203,704 |
| Average Home Value | $259,056 |
Housing Distribution
Address Breakdown
Residential
310
Single Family
310
Multi-Family
0
Businesses
21
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Listed by: Todd Henry • Whitetail Properties Real Estate, LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12486374