2998 Massac Creek RdMetropolisIL62960
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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 Metropolis at 2998 Massac Creek Rd, Metropolis, IL, 62960 listed at $239,500 pairs $2,315/mo rent with a $1,172/mo payment to leave $654/mo cash flow. Total monthly income runs $2,315/mo, and annual cash flow reaches $7,848/yr on $79,394 cash to close. Return on cash invested measures 29.79% in year one, and rental yield registers 11.6% at a $239,500 basis. Equity gained on principal adds $1,545/yr, and annual property appreciation at 5% supports $66,169 by year five. Five-year ROI tracks 156.9% and total cumulative return in cash totals $124,573. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,315/mo property income relative to a $1,172/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1979
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62960, Metropolis, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,400 (100%) |
| Owner Occupied HU | 3,499 (64.8%) |
| Renter Occupied HU | 1,123 (20.8%) |
| Vacant Housing Units | 778 (14.4%) |
| Median Home Value | $141,240 |
| Average Home Value | $169,498 |
Housing Distribution
Address Breakdown
Residential
4,716
Single Family
4,657
Multi-Family
59
Businesses
411
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Listed by: Makaela Johnson • GIA REAL ESTATE, INC.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB458255
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.