203 Monroe StMonroe CenterIL61052
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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 Monroe Center at 203 Monroe St, Monroe Center, IL, 61052 at $174,000 posts ROI 23% with $149/mo cash flow from $1,356/mo rent. Total monthly income equals $1,356/mo, and annual cash flow records $1,785/yr on $57,681 to close. Return on cash invested measures 23% and rental yield reads 9.35% at the current $174,000. Equity gained on principal adds $1,123/yr, and 5% annual appreciation supports $48,073 by year five. Five-year ROI prints 120.42% and total cumulative return in cash totals $69,461.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,356/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61052, Monroe Center, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 458 (100%) |
| Owner Occupied HU | 376 (82.1%) |
| Renter Occupied HU | 61 (13.3%) |
| Vacant Housing Units | 21 ( 4.6%) |
| Median Home Value | $203,704 |
| Average Home Value | $259,056 |
Housing Distribution
Address Breakdown
Residential
310
Single Family
310
Multi-Family
0
Businesses
21
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Listed by: Tronda Knodle • Knodle Realty Group, Llc
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls ID: #202507774