3217 N 17120e RdMomenceIL60954
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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 Momence at 3217 N 17120e Rd, Momence, IL, 60954 generates $1,078/mo in rent and, after a $664/mo payment, leaves $81/mo in cash flow. Total monthly income is $1,078/mo, and annual cash flow is $966/yr on $44,941 invested. Return on cash invested sits at 22.06% in year one, and rental yield is 9.54% on a $135,570 entry. Equity gained on principal adds $875/yr, while 5% annual appreciation builds toward $37,455 over five years. Five-year ROI reaches 115.96% and total cumulative return in cash sums $52,115. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,078/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60954, Momence, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,669 (100%) |
| Owner Occupied HU | 1,792 (67.1%) |
| Renter Occupied HU | 616 (23.1%) |
| Vacant Housing Units | 261 ( 9.8%) |
| Median Home Value | $202,241 |
| Average Home Value | $222,641 |
Housing Distribution
Address Breakdown
Residential
2,419
Single Family
2,355
Multi-Family
64
Businesses
206
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