410 S Carroll StMount CarrollIL61053
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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 Mount Carroll at 410 S Carroll St, Mount Carroll, IL, 61053 uses $43,062 cash to close to unlock $1,281/yr annual cash flow and $107/mo monthly cash flow. Total monthly income runs $1,008/mo, and a $636/mo payment keeps the spread at $107/mo. Purchase price stands at $129,900, and rental yield measures 9.31% with $1,008/mo rent. Return on cash invested shows 22.88% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 119.82% and total cumulative return in cash records $51,595. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,008/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1921
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61053, Mount Carroll, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,379 (100%) |
| Owner Occupied HU | 905 (65.6%) |
| Renter Occupied HU | 228 (16.5%) |
| Vacant Housing Units | 246 (17.8%) |
| Median Home Value | $137,972 |
| Average Home Value | $206,536 |
Housing Distribution
Address Breakdown
Residential
1,168
Single Family
1,120
Multi-Family
48
Businesses
144
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Listed by: Amy Barnes • Barnes Realty, Inc.
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls ID: #202506821