201 N Spruce DrMahometIL61853
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Nearby investment properties with comparable prices
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 Mahomet at 201 N Spruce Dr, Mahomet, IL, 61853 at $312,000 posts ROI 26.97% with $609/mo cash flow from $2,773/mo rent. Total monthly income equals $2,773/mo, and annual cash flow records $7,308/yr on $103,428 to close. Return on cash invested measures 26.97% and rental yield reads 10.67% at the current $312,000. Equity gained on principal adds $2,013/yr, and 5% annual appreciation supports $86,200 by year five. Five-year ROI prints 141.7% and total cumulative return in cash totals $146,555.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,773/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1995
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61853, Mahomet, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,053 (100%) |
| Owner Occupied HU | 4,558 (75.3%) |
| Renter Occupied HU | 997 (16.5%) |
| Vacant Housing Units | 498 ( 8.2%) |
| Median Home Value | $296,520 |
| Average Home Value | $324,365 |
Housing Distribution
Address Breakdown
Residential
5,793
Single Family
5,101
Multi-Family
692
Businesses
379
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