29724 Allentown RdMackinawIL61755
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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 $1,877/mo, and a $1,762/mo payment. Purchase price stands at $359,900, and rental yield measures 6.26% with $1,877/mo rent. Return on cash invested shows 13.67% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 70.43% and total cumulative return in cash records $84,026. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,877/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 1960
7.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61755, Mackinaw, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,788 (100%) |
| Owner Occupied HU | 1,427 (79.8%) |
| Renter Occupied HU | 246 (13.8%) |
| Vacant Housing Units | 115 ( 6.4%) |
| Median Home Value | $218,038 |
| Average Home Value | $242,866 |
Housing Distribution
Address Breakdown
Residential
1,462
Single Family
1,462
Multi-Family
0
Businesses
84
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