409 N Kellogg StYates CityIL61572
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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 Yates City at 409 N Kellogg St, Yates City, IL, 61572 priced at $150,000 converts $1,331/mo rent into $291/mo cash flow after a $734/mo obligation. Total monthly income equals $1,331/mo, and annual cash flow totals $3,489/yr on $49,725 invested. Return on cash invested prints 26.93% in year one, and rental yield reads 10.65% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 141.48% and total cumulative return in cash sums $70,350. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,331/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1975
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61572, Yates City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 530 (100%) |
| Owner Occupied HU | 396 (74.7%) |
| Renter Occupied HU | 63 (11.9%) |
| Vacant Housing Units | 71 (13.4%) |
| Median Home Value | $140,909 |
| Average Home Value | $174,710 |
Housing Distribution
Address Breakdown
Residential
346
Single Family
346
Multi-Family
0
Businesses
18
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Listed by: Rickey L Mathis • The Real Estate Group Inc.
Mls Name: RMLS Alliance
Mls ID: #PA1261733