209 16th St, Mendota, IL, 61342 | 7.39% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,140/mo, and a $905/mo payment. Purchase price stands at $185,000, and rental yield measures 7.39% with $1,140/mo rent. Return on cash invested shows 17.12% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 88.9% and total cumulative return in cash records $54,519. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,140/mo property income covering a $905/mo payment rather than investor’s personal income.

Single Family

Built in 1950

10,494 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 61342, Mendota, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,792 (100%)
Owner Occupied HU	2,433 (64.2%)
Renter Occupied HU	998 (26.3%)
Vacant Housing Units	361 ( 9.5%)
Median Home Value	$155,860
Average Home Value	$206,099