360 N Main StNianticIL62551
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 360 N Main St, Niantic, IL, 62551 in Niantic. Rental yield 0%. At $170,000 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $46,968 in new equity by year five, complemented by $1,566/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.0% |
| Monthly Cash Flow | $0 | $400 |
City averages based on Niantic market data in our database. Property projections are estimates.
Single Family
Built in 1960
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62551, Niantic, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 332 (100%) |
| Owner Occupied HU | 254 (76.5%) |
| Renter Occupied HU | 49 (14.8%) |
| Vacant Housing Units | 29 ( 8.7%) |
| Median Home Value | $106,780 |
| Average Home Value | $127,815 |
Housing Distribution
Address Breakdown
Residential
180
Single Family
180
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1960
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62551, Niantic, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 332 (100%) |
| Owner Occupied HU | 254 (76.5%) |
| Renter Occupied HU | 49 (14.8%) |
| Vacant Housing Units | 29 ( 8.7%) |
| Median Home Value | $106,780 |
| Average Home Value | $127,815 |
Housing Distribution
Address Breakdown
Residential
180
Single Family
180
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices