423 Maple DrMorrisIL60450
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Morris at 423 Maple Dr, Morris, IL, 60450 with 5% annual appreciation on a $289,900 basis while $2,815/mo rent supports operations. Total monthly income totals $2,815/mo and a $1,419/mo payment preserves $804/mo for cash returns. Annual cash flow comes to $9,649/yr on $96,102 deployed, and return on cash invested reaches 29.95% in year one. Equity gained on principal adds $1,871/yr, and five-year appreciation sums $80,094 alongside rental yield of 11.65%. Five-year ROI measures 157.7% and total cumulative return in cash totals $151,557.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,815/mo property income versus a $1,419/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1963
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60450, Morris, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,423 (100%) |
| Owner Occupied HU | 6,109 (64.8%) |
| Renter Occupied HU | 2,787 (29.6%) |
| Vacant Housing Units | 527 ( 5.6%) |
| Median Home Value | $303,781 |
| Average Home Value | $338,448 |
Housing Distribution
Address Breakdown
Residential
8,789
Single Family
7,660
Multi-Family
1,129
Businesses
890
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices