205 W Locust StLaroseIL61541
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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 Larose at 205 W Locust St, Larose, IL, 61541 generates $890/mo in rent and, after a $562/mo payment, leaves $93/mo in cash flow. Total monthly income is $890/mo, and annual cash flow is $1,121/yr on $38,089 invested. Return on cash invested sits at 22.85% in year one, and rental yield is 9.3% on a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 119.66% and total cumulative return in cash sums $45,578. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $890/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61541, La Rose, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 47 (100%) |
| Owner Occupied HU | 26 (55.3%) |
| Renter Occupied HU | 5 (10.6%) |
| Vacant Housing Units | 16 (34.0%) |
| Median Home Value | $181,250 |
| Average Home Value | $205,192 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
10
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Listed by: Jared O Brien • Jim Maloof Realty, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1258985
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.