314 N Morgan StMetamoraIL61548
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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 Metamora at 314 N Morgan St, Metamora, IL, 61548 offers $1,391/mo rent that, after a $881/mo payment, leaves $81/mo cash flow. Total monthly income is $1,391/mo, and annual cash flow is $969/yr on $59,637 cash. Return on cash invested measures 21.53% in year one, and rental yield stands at 9.28% at a $179,900 entry. Equity gained on principal adds $1,161/yr while 5% annual appreciation compounds into $49,703 by year five. Five-year ROI records 113% and total cumulative return in cash reaches $67,389. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,391/mo property income versus a $881/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1922
0.34 Acres lot
$N/A/sqft
No HOA
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Listed by: Marc J Wells • RE/MAX WRC Downtown
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1254758
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.