2216 N 2929th RdMarseillesIL61341
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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 Marseilles at 2216 N 2929th Rd, Marseilles, IL, 61341 generates $3,178/mo in rent and, after a $2,154/mo payment, leaves $126/mo in cash flow. Total monthly income is $3,178/mo, and annual cash flow is $1,508/yr on $145,860 invested. Return on cash invested sits at 20.94% in year one, and rental yield is 8.67% on a $440,000 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation builds toward $121,564 over five years. Five-year ROI reaches 109.37% and total cumulative return in cash sums $159,526. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,178/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61341, Marseilles, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,793 (100%) |
| Owner Occupied HU | 2,654 (70.0%) |
| Renter Occupied HU | 746 (19.7%) |
| Vacant Housing Units | 393 (10.4%) |
| Median Home Value | $209,601 |
| Average Home Value | $261,014 |
Housing Distribution
Address Breakdown
Residential
3,511
Single Family
3,438
Multi-Family
73
Businesses
186
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Listed by: Calvin Wilson • eXp Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12537064