309 Scotch Pine DrMacombIL61455
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 Macomb at 309 Scotch Pine Dr, Macomb, IL, 61455 priced at $155,000 converts $2,239/mo rent into $899/mo cash flow after a $759/mo obligation. Total monthly income equals $2,239/mo, and annual cash flow totals $10,783/yr on $51,383 invested. Return on cash invested prints 40.89% in year one, and rental yield reads 17.33% against a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,824 by year five. Five-year ROI reaches 218.6% and total cumulative return in cash sums $112,324. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,239/mo property income covering a $759/mo payment, not borrower’s personal income.
Single Family
Built in 2009
2,484 sqft lot
$N/A/sqft
$700 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61455, Macomb, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,957 (100%) |
| Owner Occupied HU | 3,954 (44.1%) |
| Renter Occupied HU | 3,307 (36.9%) |
| Vacant Housing Units | 1,696 (18.9%) |
| Median Home Value | $134,948 |
| Average Home Value | $176,315 |
Housing Distribution
Address Breakdown
Residential
7,967
Single Family
7,342
Multi-Family
625
Businesses
763
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Nearby investment properties with comparable prices
Listed by: Richard Westen • RE/MAX Unified Brokers
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1257897
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-26 04:27:52 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#564)