209 W Indiana StMomenceIL60954
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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 Momence at 209 W Indiana St, Momence, IL, 60954 with 5% annual appreciation on a $199,900 basis while $1,744/mo rent supports operations. Total monthly income totals $1,744/mo and a $978/mo payment preserves $358/mo for cash returns. Annual cash flow comes to $4,294/yr on $66,267 deployed, and return on cash invested reaches 26.39% in year one. Equity gained on principal adds $1,290/yr, and five-year appreciation sums $55,229 alongside rental yield of 10.47%. Five-year ROI measures 138.57% and total cumulative return in cash totals $91,825.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,744/mo property income versus a $978/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1973
7,588 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60954, Momence, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,669 (100%) |
| Owner Occupied HU | 1,792 (67.1%) |
| Renter Occupied HU | 616 (23.1%) |
| Vacant Housing Units | 261 ( 9.8%) |
| Median Home Value | $202,241 |
| Average Home Value | $222,641 |
Housing Distribution
Address Breakdown
Residential
2,419
Single Family
2,355
Multi-Family
64
Businesses
206
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