1601 Riverview DrMacombIL61455
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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 Macomb at 1601 Riverview Dr, Macomb, IL, 61455 uses $65,306 cash to close to unlock $3,742/yr annual cash flow and $312/mo monthly cash flow. Total monthly income runs $1,944/mo, and a $964/mo payment keeps the spread at $312/mo. Purchase price stands at $197,000, and rental yield measures 11.84% with $1,944/mo rent. Return on cash invested shows 25.64% in year one, and 5% annual appreciation builds toward $54,427 over five years. Five-year ROI reaches 136.31% and total cumulative return in cash records $89,018. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,944/mo property income covering a $964/mo payment rather than investor’s personal income.
Single Family
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61455, Macomb, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,957 (100%) |
| Owner Occupied HU | 3,954 (44.1%) |
| Renter Occupied HU | 3,307 (36.9%) |
| Vacant Housing Units | 1,696 (18.9%) |
| Median Home Value | $134,948 |
| Average Home Value | $176,315 |
Housing Distribution
Address Breakdown
Residential
7,967
Single Family
7,342
Multi-Family
625
Businesses
763
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Listed by: Christine Farr • Key, REALTORS
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1258501
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.