309 S Euclid AveMarissaIL62257
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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 Marissa at 309 S Euclid Ave, Marissa, IL, 62257 uses $52,211 cash to close to unlock $5,093/yr annual cash flow and $424/mo monthly cash flow. Total monthly income runs $1,517/mo, and a $771/mo payment keeps the spread at $424/mo. Purchase price stands at $157,500, and rental yield measures 11.56% with $1,517/mo rent. Return on cash invested shows 29.66% in year one, and 5% annual appreciation builds toward $43,514 over five years. Five-year ROI reaches 156.19% and total cumulative return in cash records $81,549. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,517/mo property income covering a $771/mo payment rather than investor’s personal income.
Single Family
Built in 1907
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62257, Marissa, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,323 (100%) |
| Owner Occupied HU | 946 (71.5%) |
| Renter Occupied HU | 204 (15.4%) |
| Vacant Housing Units | 173 (13.1%) |
| Median Home Value | $183,475 |
| Average Home Value | $220,122 |
Housing Distribution
Address Breakdown
Residential
1,193
Single Family
1,169
Multi-Family
24
Businesses
96
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