405 McCracken StCisneIL62823
Nearby investment properties with comparable rents
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
Investment Highlights
Rental property for sale in Cisne at 405 McCracken St, Cisne, IL, 62823 offers $1,454/mo rent that, after a $661/mo payment, leaves $517/mo cash flow. Total monthly income is $1,454/mo, and annual cash flow is $6,208/yr on $44,753 cash. Return on cash invested measures 33.78% in year one, and rental yield stands at 12.92% at a $135,000 entry. Equity gained on principal adds $871/yr while 5% annual appreciation compounds into $37,298 by year five. Five-year ROI records 178.29% and total cumulative return in cash reaches $79,789. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,454/mo property income versus a $661/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62823, Cisne, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 632 (100%) |
| Owner Occupied HU | 476 (75.3%) |
| Renter Occupied HU | 79 (12.5%) |
| Vacant Housing Units | 77 (12.2%) |
| Median Home Value | $131,111 |
| Average Home Value | $178,813 |
Housing Distribution
Address Breakdown
Residential
556
Single Family
556
Multi-Family
0
Businesses
38
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