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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Catlin at 202 Lakeview Dr, Catlin, IL, 61817 priced at $159,900 converts $960/mo rent into after a $783/mo obligation. Total monthly income equals $960/mo. Return on cash invested prints 16.53% in year one, and rental yield reads 7.2% against a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,177 by year five. Five-year ROI reaches 85.72% and total cumulative return in cash sums $45,438. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $960/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in 1963
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 61817, Catlin, IL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,116 (100%) |
| Owner Occupied HU | 812 (72.8%) |
| Renter Occupied HU | 226 (20.3%) |
| Vacant Housing Units | 78 ( 7.0%) |
| Median Home Value | $141,355 |
| Average Home Value | $166,509 |
Residential
756
Single Family
756
Multi-Family
0
Businesses
41
Date | Event | Price |
|---|---|---|
| 2025-06-27 | Listed for sale | $159,900 |
| 2010-04-29 | Sold | $48,500 |
| 2010-02-19 | Price change | $57,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-30 | $2057.06 | 10.13% | $30,665 | 12.20% |
| 2022-06-30 | $1867.86 | 5.65% | $27,331 | 7.40% |
| 2021-06-30 | $1767.94 | 9.56% | $25,447 | 1.50% |
What's Special
Pull Down Stairs
Listed by: Hayley Siefert • Keller Williams Realty - Danville
Mls Name: CIBR
Mls Provider:
Mls ID: #6252790
Disclaimer: Copyright Central Illinois Board of REALTORS (CIBR). All rights reserved. Information is deemed reliable but not guaranteed.
