1506 Gleneagle DrMarionIL62959
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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 1506 Gleneagle Dr, Marion, IL, 62959 earns $204/mo cash flow from $4,574/mo rent with a $3,084/mo payment. Total monthly income totals $4,574/mo, and annual cash flow totals $2,445/yr on $207,270 capital. ROI tracks 21.24% on current figures, and rental yield reads 8.71% at a $630,000 purchase. Equity gained on principal adds $4,065/yr, and 5% annual appreciation supports $174,057 over five years. Five-year ROI reaches 110.93% and total cumulative return in cash sums $229,930. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,574/mo property income instead of your personal income.
Single Family
Built in 2004
N/A 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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