21303 Harmony Rd, Marengo, IL, 60152 | Equity Gain $9,034/yr

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 Marengo at 21303 Harmony Rd, Marengo, IL, 60152 offers a 1.62% rental yield on a $1,400,000 purchase with $1,885/mo rent. 33% in year one. Equity gained on principal adds $9,034/yr while 5% annual appreciation supports $386,794 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,885/mo property income against a $6,852/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1996

40 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 60152, Marengo, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,144 (100%)
Owner Occupied HU	3,846 (74.8%)
Renter Occupied HU	1,057 (20.5%)
Vacant Housing Units	241 ( 4.7%)
Median Home Value	$328,944
Average Home Value	$356,481