23 Magrabl DrCantonIL61520
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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 Canton at 23 Magrabl Dr, Canton, IL, 61520 priced at $395,000 converts $900/mo rent into after a $1,933/mo obligation. Total monthly income equals $900/mo. Return on cash invested prints 3.05% in year one, and rental yield reads 2.73% against a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation compiles into $109,131 by year five. Five-year ROI reaches 13.43% and total cumulative return in cash sums $17,586. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $900/mo property income covering a $1,933/mo payment, not borrower’s personal income.
Single Family
Built in 2014
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61520, Canton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,481 (100%) |
| Owner Occupied HU | 4,774 (63.8%) |
| Renter Occupied HU | 1,833 (24.5%) |
| Vacant Housing Units | 874 (11.7%) |
| Median Home Value | $121,170 |
| Average Home Value | $158,401 |
Housing Distribution
Address Breakdown
Residential
6,714
Single Family
6,340
Multi-Family
374
Businesses
482
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