176 Bay Meadow CirMoroIL62067
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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 Moro at 176 Bay Meadow Cir, Moro, IL, 62067 uses $132,103 cash to close to unlock $5,045/yr annual cash flow and $420/mo monthly cash flow. Total monthly income runs $3,184/mo, and a $1,950/mo payment keeps the spread at $420/mo. Purchase price stands at $398,500, and rental yield measures 9.59% with $3,184/mo rent. Return on cash invested shows 23.73% in year one, and 5% annual appreciation builds toward $110,098 over five years. Five-year ROI reaches 124.31% and total cumulative return in cash records $164,221. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,184/mo property income covering a $1,950/mo payment rather than investor’s personal income.
Single Family
Built in 2020
10,672 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62067, Moro, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,312 (100%) |
| Owner Occupied HU | 932 (71.0%) |
| Renter Occupied HU | 274 (20.9%) |
| Vacant Housing Units | 106 ( 8.1%) |
| Median Home Value | $295,714 |
| Average Home Value | $321,086 |
Housing Distribution
Address Breakdown
Residential
981
Single Family
981
Multi-Family
0
Businesses
29
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