201 Locust StMeredosiaIL62665
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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 Meredosia at 201 Locust St, Meredosia, IL, 62665 earns $61/mo cash flow from $789/mo rent with a $514/mo payment. Total monthly income totals $789/mo, and annual cash flow totals $727/yr on $34,808 capital. ROI tracks 22% on current figures, and rental yield reads 9.02% at a $105,000 purchase. Equity gained on principal adds $678/yr, and 5% annual appreciation supports $29,010 over five years. Five-year ROI reaches 115.08% and total cumulative return in cash sums $40,058. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $789/mo property income instead of your personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62665, Meredosia, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 701 (100%) |
| Owner Occupied HU | 443 (63.2%) |
| Renter Occupied HU | 108 (15.4%) |
| Vacant Housing Units | 150 (21.4%) |
| Median Home Value | $81,286 |
| Average Home Value | $104,097 |
Housing Distribution
Address Breakdown
Residential
413
Single Family
413
Multi-Family
0
Businesses
38
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