307 N Kellogg StYates CityIL61572
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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
Rental property for sale in Yates City at 307 N Kellogg St, Yates City, IL, 61572 priced at $105,000 converts $1,602/mo rent into $846/mo cash flow after a $514/mo obligation. Total monthly income equals $1,602/mo, and annual cash flow totals $10,154/yr on $34,808 invested. Return on cash invested prints 49.08% in year one, and rental yield reads 18.31% against a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation compiles into $29,010 by year five. Five-year ROI reaches 260.71% and total cumulative return in cash sums $90,746. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,602/mo property income covering a $514/mo payment, not borrower’s personal income.
Single Family
Built in 1974
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61572, Yates City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 530 (100%) |
| Owner Occupied HU | 396 (74.7%) |
| Renter Occupied HU | 63 (11.9%) |
| Vacant Housing Units | 71 (13.4%) |
| Median Home Value | $140,909 |
| Average Home Value | $174,710 |
Housing Distribution
Address Breakdown
Residential
346
Single Family
346
Multi-Family
0
Businesses
18
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Listed by: Eileen A Huber • Jim Maloof Realty, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1254573
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