320 S A StMonmouthIL61462
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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 Monmouth at 320 S A St, Monmouth, IL, 61462 uses $45,581 cash to close to unlock $916/yr annual cash flow and $76/mo monthly cash flow. Total monthly income runs $1,053/mo, and a $673/mo payment keeps the spread at $76/mo. Purchase price stands at $137,500, and rental yield measures 9.19% with $1,053/mo rent. Return on cash invested shows 21.92% in year one, and 5% annual appreciation builds toward $37,989 over five years. Five-year ROI reaches 114.87% and total cumulative return in cash records $52,361. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,053/mo property income covering a $673/mo payment rather than investor’s personal income.
Single Family
Built in 1903
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61462, Monmouth, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,818 (100%) |
| Owner Occupied HU | 3,039 (63.1%) |
| Renter Occupied HU | 1,128 (23.4%) |
| Vacant Housing Units | 651 (13.5%) |
| Median Home Value | $112,163 |
| Average Home Value | $161,049 |
Housing Distribution
Address Breakdown
Residential
4,397
Single Family
4,029
Multi-Family
368
Businesses
399
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Listed by: Thomas Bracey • RE/MAX Concepts Moline
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4266715
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.