2624 E 21st 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
Total monthly income runs $1,284/mo, and a $2,423/mo payment. Purchase price stands at $495,000, and rental yield measures 3.11% with $1,284/mo rent. Return on cash invested shows 4.19% in year one, and 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 19.53% and total cumulative return in cash records $32,050. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,284/mo property income covering a $2,423/mo payment rather than investor’s personal income.
Single Family
Built in 2008
2.00 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: Lori A Bonarek, ABR,AHWD,e-PRO,PSA,SFR,SRS • Lori Bonarek Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12499583