421 S Lafayette StMacombIL61455
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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 Macomb at 421 S Lafayette St, Macomb, IL, 61455 with 5% annual appreciation on a $205,000 basis while $1,572/mo rent supports operations. Total monthly income totals $1,572/mo and a $1,003/mo payment preserves $15/mo for cash returns. Annual cash flow comes to $178/yr on $67,958 deployed, and return on cash invested reaches 20.17% in year one. Equity gained on principal adds $1,323/yr, and five-year appreciation sums $56,638 alongside rental yield of 9.2%. Five-year ROI measures 106.1% and total cumulative return in cash totals $72,102.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,572/mo property income versus a $1,003/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
10,440 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61455, Macomb, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,957 (100%) |
| Owner Occupied HU | 3,954 (44.1%) |
| Renter Occupied HU | 3,307 (36.9%) |
| Vacant Housing Units | 1,696 (18.9%) |
| Median Home Value | $134,948 |
| Average Home Value | $176,315 |
Housing Distribution
Address Breakdown
Residential
7,967
Single Family
7,342
Multi-Family
625
Businesses
763
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Listed by: Thelma L Smiddy • RE/MAX Unified Brokers
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1255822
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.