269 Clark StMarseillesIL61341
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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 Marseilles at 269 Clark St, Marseilles, IL, 61341 with 5% annual appreciation on a $160,000 basis while $1,200/mo rent supports operations. Total monthly income totals $1,200/mo and a $783/mo payment preserves $90/mo for cash returns. Annual cash flow comes to $1,084/yr on $53,040 deployed, and return on cash invested reaches 21.95% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,205 alongside rental yield of 9%. Five-year ROI measures 114.82% and total cumulative return in cash totals $60,902.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,200/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
0.32 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: Annette Siwy • Siwy Real Estate, Inc.
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12493322