415 E Palace RowGeneseoIL61254
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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 Geneseo at 415 E Palace Row, Geneseo, IL, 61254 uses $39,780 cash to close to unlock $1,080/yr annual cash flow and $90/mo monthly cash flow. Total monthly income runs $922/mo, and a $587/mo payment keeps the spread at $90/mo. Purchase price stands at $120,000, and rental yield measures 9.22% with $922/mo rent. Return on cash invested shows 22.62% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 118.36% and total cumulative return in cash records $47,083. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $922/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1953
9,731 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61254, Geneseo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,167 (100%) |
| Owner Occupied HU | 3,911 (75.7%) |
| Renter Occupied HU | 878 (17.0%) |
| Vacant Housing Units | 378 ( 7.3%) |
| Median Home Value | $226,871 |
| Average Home Value | $250,255 |
Housing Distribution
Address Breakdown
Residential
5,015
Single Family
4,696
Multi-Family
319
Businesses
408
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