15464 Meyers RdMount CarrollIL61053
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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 Mount Carroll at 15464 Meyers Rd, Mount Carroll, IL, 61053 earns from $3,348/mo rent with a $2,442/mo payment. Total monthly income totals $3,348/mo. ROI tracks 18.01% on current figures, and rental yield reads 8.05% at a $499,000 purchase. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 over five years. Five-year ROI reaches 94.01% and total cumulative return in cash sums $155,502. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,348/mo property income instead of your personal income.
Single Family
Built in 2005
3.70 Acres lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61053, Mount Carroll, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,379 (100%) |
| Owner Occupied HU | 905 (65.6%) |
| Renter Occupied HU | 228 (16.5%) |
| Vacant Housing Units | 246 (17.8%) |
| Median Home Value | $137,972 |
| Average Home Value | $206,536 |
Housing Distribution
Address Breakdown
Residential
1,168
Single Family
1,120
Multi-Family
48
Businesses
144
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Listed by: PATTI KLOEPPING • Re/Max Town Lake & Country
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202406196
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.