226 S Main StRankinIL60960
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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 Rankin at 226 S Main St, Rankin, IL, 60960 earns $141/mo cash flow from $1,105/mo rent with a $680/mo payment. Total monthly income totals $1,105/mo, and annual cash flow totals $1,694/yr on $46,079 capital. ROI tracks 23.59% on current figures, and rental yield reads 9.54% at a $139,000 purchase. Equity gained on principal adds $897/yr, and 5% annual appreciation supports $38,403 over five years. Five-year ROI reaches 123.64% and total cumulative return in cash sums $56,972. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,105/mo property income instead of your personal income.
Single Family
Built in N/A
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60960, Rankin, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 472 (100%) |
| Owner Occupied HU | 336 (71.2%) |
| Renter Occupied HU | 79 (16.7%) |
| Vacant Housing Units | 57 (12.1%) |
| Median Home Value | $92,857 |
| Average Home Value | $121,376 |
Housing Distribution
Address Breakdown
Residential
254
Single Family
254
Multi-Family
0
Businesses
17
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