216 W North StMinierIL61759
Nearby investment properties with comparable rents
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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 Minier at 216 W North St, Minier, IL, 61759 priced at $164,900 pairs $1,281/mo rent with $137/mo cash flow after a $807/mo payment. Total monthly income equals $1,281/mo, and annual cash flow comes to $1,648/yr on $54,664 invested. Return on cash invested is 22.92% in year one, and rental yield stands at 9.32% on a $164,900 basis. Equity gained on principal adds $1,064/yr, and 5% annual appreciation accumulates to $45,559 by year five. Five-year ROI measures 120.04% and total cumulative return in cash reaches $65,620. For financing, Ziffy Mortgage’s DSCR program evaluates $1,281/mo property income against a $807/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61759, Minier, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 647 (100%) |
| Owner Occupied HU | 506 (78.2%) |
| Renter Occupied HU | 92 (14.2%) |
| Vacant Housing Units | 49 ( 7.6%) |
| Median Home Value | $164,151 |
| Average Home Value | $183,597 |
Housing Distribution
Address Breakdown
Residential
115
Single Family
115
Multi-Family
0
Businesses
52
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Listed by: Melissa Fox • Keller Williams Premier Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1254619
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.