401 3rd StMathervilleIL61263
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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 Matherville at 401 3rd St, Matherville, IL, 61263 earns $371/mo cash flow from $1,411/mo rent with a $734/mo payment. Total monthly income totals $1,411/mo, and annual cash flow totals $4,451/yr on $49,692 capital. ROI tracks 28.87% on current figures, and rental yield reads 11.3% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 151.82% and total cumulative return in cash sums $75,443. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,411/mo property income instead of your personal income.
Single Family
Built in 1928
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61263, Matherville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 316 (100%) |
| Owner Occupied HU | 212 (67.1%) |
| Renter Occupied HU | 70 (22.2%) |
| Vacant Housing Units | 34 (10.8%) |
| Median Home Value | $143,750 |
| Average Home Value | $186,108 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
11
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Listed by: Amy Boswell • RE/MAX Concepts Bettendorf
Mls Name: RMLS Alliance
Mls ID: #QC4269136