202 Seminary StCatlinIL61817
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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
Rental property for sale in Catlin at 202 Seminary St, Catlin, IL, 61817 priced at $189,000 converts $960/mo rent into after a $925/mo obligation. Total monthly income equals $960/mo. Return on cash invested prints 13.19% in year one, and rental yield reads 6.1% against a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation compiles into $52,217 by year five. Five-year ROI reaches 67.86% and total cumulative return in cash sums $42,514. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $960/mo property income covering a $925/mo payment, not borrower’s personal income.
Single Family
Built in 1955
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61817, Catlin, IL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
756
Single Family
756
Multi-Family
0
Businesses
41
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