212 E 19th StMetropolisIL62960
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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 Metropolis at 212 E 19th St, Metropolis, IL, 62960 uses $44,719 cash to close to unlock $4,087/yr annual cash flow and $341/mo monthly cash flow. Total monthly income runs $1,276/mo, and a $660/mo payment keeps the spread at $341/mo. Purchase price stands at $134,900, and rental yield measures 11.35% with $1,276/mo rent. Return on cash invested shows 29.05% in year one, and 5% annual appreciation builds toward $37,270 over five years. Five-year ROI reaches 152.88% and total cumulative return in cash records $68,369. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,276/mo property income covering a $660/mo payment rather than investor’s personal income.
Single Family
Built in 1990
8,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62960, Metropolis, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,400 (100%) |
| Owner Occupied HU | 3,499 (64.8%) |
| Renter Occupied HU | 1,123 (20.8%) |
| Vacant Housing Units | 778 (14.4%) |
| Median Home Value | $141,240 |
| Average Home Value | $169,498 |
Housing Distribution
Address Breakdown
Residential
4,716
Single Family
4,657
Multi-Family
59
Businesses
411
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Listed by: Tiffany Korte • Farmer & Co. Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #100000153