401 Duffy DrMarineIL62061
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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 Marine at 401 Duffy Dr, Marine, IL, 62061 priced at $369,900 converts $2,984/mo rent into $419/mo cash flow after a $1,810/mo obligation. Total monthly income equals $2,984/mo, and annual cash flow totals $5,025/yr on $122,622 invested. Return on cash invested prints 24.01% in year one, and rental yield reads 9.68% against a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation compiles into $102,197 by year five. Five-year ROI reaches 125.79% and total cumulative return in cash sums $154,246. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,984/mo property income covering a $1,810/mo payment, not borrower’s personal income.
Single Family
Built in 2023
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62061, Marine, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 770 (100%) |
| Owner Occupied HU | 592 (76.9%) |
| Renter Occupied HU | 116 (15.1%) |
| Vacant Housing Units | 62 ( 8.1%) |
| Median Home Value | $286,905 |
| Average Home Value | $301,014 |
Housing Distribution
Address Breakdown
Residential
592
Single Family
569
Multi-Family
23
Businesses
45
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