21055 State Highway 14MacedoniaIL62860
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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 Macedonia at 21055 State Highway 14, Macedonia, IL, 62860 offers a 12.48% rental yield on a $355,000 purchase with $3,692/mo rent. Total monthly income registers $3,692/mo, and a $1,738/mo payment leaves $1,229/mo available for distribution. Annual cash flow reaches $14,750/yr on $117,683 to close, and return on cash invested stands at 32.44% in year one. Equity gained on principal adds $2,291/yr while 5% annual appreciation supports $98,080 over five years. Portfolio math shows five-year ROI at 171.06% and total cumulative return in cash at $201,312. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,692/mo property income against a $1,738/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
4.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62860, Macedonia, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 487 (100%) |
| Owner Occupied HU | 353 (72.5%) |
| Renter Occupied HU | 52 (10.7%) |
| Vacant Housing Units | 82 (16.8%) |
| Median Home Value | $204,825 |
| Average Home Value | $208,300 |
Housing Distribution
Address Breakdown
Residential
262
Single Family
262
Multi-Family
0
Businesses
11
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Listed by: Kimberly A Desett • Heavenly Homes Real Estate
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB456049
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.