21 Armstrong CtMacombIL61455
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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 Macomb at 21 Armstrong Ct, Macomb, IL, 61455 offers $1,577/mo rent that, after a $1,099/mo payment, leaves $20/mo cash flow. Total monthly income is $1,577/mo, and annual cash flow is $236/yr on $74,422 cash. Return on cash invested measures 20.23% in year one, and rental yield stands at 8.43% at a $224,500 entry. Equity gained on principal adds $1,449/yr while 5% annual appreciation compounds into $62,025 by year five. Five-year ROI records 105.53% and total cumulative return in cash reaches $78,536. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,577/mo property income versus a $1,099/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
3.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61455, Macomb, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,957 (100%) |
| Owner Occupied HU | 3,954 (44.1%) |
| Renter Occupied HU | 3,307 (36.9%) |
| Vacant Housing Units | 1,696 (18.9%) |
| Median Home Value | $134,948 |
| Average Home Value | $176,315 |
Housing Distribution
Address Breakdown
Residential
7,967
Single Family
7,342
Multi-Family
625
Businesses
763
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