305 North DrMt ZionIL62549
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 Mt Zion at 305 North Dr, Mt Zion, IL, 62549 offers $1,237/mo rent that, after a $807/mo payment, leaves $93/mo cash flow. Total monthly income is $1,237/mo, and annual cash flow is $1,120/yr on $54,664 cash. Return on cash invested measures 21.96% in year one, and rental yield stands at 9% at a $164,900 entry. Equity gained on principal adds $1,064/yr while 5% annual appreciation compounds into $45,559 by year five. Five-year ROI records 114.84% and total cumulative return in cash reaches $62,776. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,237/mo property income versus a $807/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62549, Mt Zion, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,655 (100%) |
| Owner Occupied HU | 1,971 (74.2%) |
| Renter Occupied HU | 474 (17.9%) |
| Vacant Housing Units | 210 ( 7.9%) |
| Median Home Value | $199,337 |
| Average Home Value | $213,962 |
Housing Distribution
Address Breakdown
Residential
2,594
Single Family
2,507
Multi-Family
87
Businesses
217
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