303 Scenic StMorrisonIL61270
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
Investment property for sale in Morrison at 303 Scenic St, Morrison, IL, 61270 at $209,900 posts ROI 26.78% with $398/mo cash flow from $1,854/mo rent. Total monthly income equals $1,854/mo, and annual cash flow records $4,781/yr on $69,582 to close. Return on cash invested measures 26.78% and rental yield reads 10.6% at the current $209,900. Equity gained on principal adds $1,354/yr, and 5% annual appreciation supports $57,992 by year five. Five-year ROI prints 140.72% and total cumulative return in cash totals $97,916.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,854/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61270, Morrison, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,183 (100%) |
| Owner Occupied HU | 2,370 (74.5%) |
| Renter Occupied HU | 493 (15.5%) |
| Vacant Housing Units | 320 (10.1%) |
| Median Home Value | $172,945 |
| Average Home Value | $213,998 |
Housing Distribution
Address Breakdown
Residential
3,005
Single Family
2,947
Multi-Family
58
Businesses
223
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Nearby investment properties with comparable prices
Listed by: David Olsen • Keller Williams Legacy Group
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4264837
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.