1740 120th StCameronIL61423
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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 Cameron at 1740 120th St, Cameron, IL, 61423 generates $2,550/mo in rent and, after a $1,419/mo payment, leaves $539/mo in cash flow. Total monthly income is $2,550/mo, and annual cash flow is $6,469/yr on $96,102 invested. Return on cash invested sits at 26.64% in year one, and rental yield is 10.56% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 139.96% and total cumulative return in cash sums $134,505. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,550/mo property income rather than buyer’s personal income.
Single Family
Built in 1938
2.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61423, Cameron, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 262 (100%) |
| Owner Occupied HU | 216 (82.4%) |
| Renter Occupied HU | 32 (12.2%) |
| Vacant Housing Units | 14 ( 5.3%) |
| Median Home Value | $132,692 |
| Average Home Value | $171,366 |
Housing Distribution
Address Breakdown
Residential
177
Single Family
177
Multi-Family
0
Businesses
13
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Listed by: Kori Jensen • CENTURY 21 Tucker Swanson
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1035144
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.