410 S Main AveMinierIL61759
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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 Minier at 410 S Main Ave, Minier, IL, 61759 priced at $132,500 converts $1,500/mo rent into $545/mo cash flow after a $649/mo obligation. Total monthly income equals $1,500/mo, and annual cash flow totals $6,538/yr on $43,924 invested. Return on cash invested prints 34.79% in year one, and rental yield reads 13.58% against a $132,500 entry. Equity gained on principal adds $855/yr, while 5% annual appreciation compiles into $36,607 by year five. Five-year ROI reaches 183.99% and total cumulative return in cash sums $80,816. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,500/mo property income covering a $649/mo payment, not borrower’s personal income.
Single Family
Built in 1954
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61759, Minier, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 647 (100%) |
| Owner Occupied HU | 506 (78.2%) |
| Renter Occupied HU | 92 (14.2%) |
| Vacant Housing Units | 49 ( 7.6%) |
| Median Home Value | $164,151 |
| Average Home Value | $183,597 |
Housing Distribution
Address Breakdown
Residential
115
Single Family
115
Multi-Family
0
Businesses
52
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Listed by: Norma Rossi Mefford • RE/MAX Traders Unlimited
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1257623
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.