1918 Menge RdMarengoIL60152
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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 Marengo at 1918 Menge Rd, Marengo, IL, 60152 listed at $424,600 pairs $3,858/mo rent with a $2,078/mo payment to leave $799/mo cash flow. Total monthly income runs $3,858/mo, and annual cash flow reaches $9,590/yr on $140,755 cash to close. Return on cash invested measures 26.72% in year one, and rental yield registers 10.9% at a $424,600 basis. Equity gained on principal adds $2,740/yr, and annual property appreciation at 5% supports $117,309 by year five. Five-year ROI tracks 140.73% and total cumulative return in cash totals $198,083. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,858/mo property income relative to a $2,078/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
5.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60152, Marengo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,144 (100%) |
| Owner Occupied HU | 3,846 (74.8%) |
| Renter Occupied HU | 1,057 (20.5%) |
| Vacant Housing Units | 241 ( 4.7%) |
| Median Home Value | $328,944 |
| Average Home Value | $356,481 |
Housing Distribution
Address Breakdown
Residential
4,876
Single Family
4,690
Multi-Family
186
Businesses
326
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