311 E Brayton RdMount MorrisIL61054
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 Mount Morris at 311 E Brayton Rd, Mount Morris, IL, 61054 offers $1,294/mo rent that, after a $827/mo payment, leaves $122/mo cash flow. Total monthly income is $1,294/mo, and annual cash flow is $1,463/yr on $56,024 cash. Return on cash invested measures 22.52% in year one, and rental yield stands at 9.19% at a $169,000 entry. Equity gained on principal adds $1,091/yr while 5% annual appreciation compounds into $46,692 by year five. Five-year ROI records 117.82% and total cumulative return in cash reaches $66,007. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,294/mo property income versus a $827/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61054, Mount Morris, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,903 (100%) |
| Owner Occupied HU | 1,164 (61.2%) |
| Renter Occupied HU | 529 (27.8%) |
| Vacant Housing Units | 210 (11.0%) |
| Median Home Value | $176,750 |
| Average Home Value | $237,317 |
Housing Distribution
Address Breakdown
Residential
1,697
Single Family
1,605
Multi-Family
92
Businesses
93
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Listed by: Jessica Lowry • Re/Max Of Rock Valley
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls ID: #202507102