206 S Main StMount CarrollIL61053
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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 Mount Carroll at 206 S Main St, Mount Carroll, IL, 61053 at $165,000 posts ROI 42.07% with $1,010/mo cash flow from $2,155/mo rent. Total monthly income equals $2,155/mo, and annual cash flow records $12,121/yr on $54,698 to close. Return on cash invested measures 42.07% and rental yield reads 15.67% at the current $165,000. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 by year five. Five-year ROI prints 222.72% and total cumulative return in cash totals $121,823.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,155/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1858
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61053, Mount Carroll, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,379 (100%) |
| Owner Occupied HU | 905 (65.6%) |
| Renter Occupied HU | 228 (16.5%) |
| Vacant Housing Units | 246 (17.8%) |
| Median Home Value | $137,972 |
| Average Home Value | $206,536 |
Housing Distribution
Address Breakdown
Residential
1,168
Single Family
1,120
Multi-Family
48
Businesses
144
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Listed by: Melissa Bowman • Ruhl&Ruhl REALTORS Moline
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4258940
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.