301 Barbara StMount MorrisIL61054
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mount Morris at 301 Barbara St, Mount Morris, IL, 61054 priced at $169,900 pairs $1,452/mo rent with $273/mo cash flow after a $832/mo payment. Total monthly income equals $1,452/mo, and annual cash flow comes to $3,277/yr on $56,322 invested. Return on cash invested is 25.73% in year one, and rental yield stands at 10.26% on a $169,900 basis. Equity gained on principal adds $1,096/yr, and 5% annual appreciation accumulates to $46,940 by year five. Five-year ROI measures 135.11% and total cumulative return in cash reaches $76,094. For financing, Ziffy Mortgage’s DSCR program evaluates $1,452/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61054, Mount Morris, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,903 (100%) |
| Owner Occupied HU | 1,164 (61.2%) |
| Renter Occupied HU | 529 (27.8%) |
| Vacant Housing Units | 210 (11.0%) |
| Median Home Value | $176,750 |
| Average Home Value | $237,317 |
Housing Distribution
Address Breakdown
Residential
1,697
Single Family
1,605
Multi-Family
92
Businesses
93
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carla Benesh • Re/Max Of Rock Valley
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls ID: #202507396