211 4th Ave, Mendota, IL, 61342 | 5.59% 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

Investment property for sale in Mendota at 211 4th Ave, Mendota, IL, 61342 offers a 5.59% rental yield on a $130,000 purchase with $606/mo rent. 68% in year one. Equity gained on principal adds $839/yr while 5% annual appreciation supports $35,917 over five years. Portfolio math shows five-year ROI at 59.73% and total cumulative return in cash at $25,743. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $606/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1957

6,300 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