427 Merrill StCatlinIL61817
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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 Catlin at 427 Merrill St, Catlin, IL, 61817 priced at $182,500 pairs $960/mo rent with after a $893/mo payment. Total monthly income equals $960/mo. Return on cash invested is 13.85% in year one, and rental yield stands at 6.31% on a $182,500 basis. Equity gained on principal adds $1,178/yr, and 5% annual appreciation accumulates to $50,421 by year five. Five-year ROI measures 71.36% and total cumulative return in cash reaches $43,174. For financing, Ziffy Mortgage’s DSCR program evaluates $960/mo property income against a $893/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61817, Catlin, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,116 (100%) |
| Owner Occupied HU | 812 (72.8%) |
| Renter Occupied HU | 226 (20.3%) |
| Vacant Housing Units | 78 ( 7.0%) |
| Median Home Value | $141,355 |
| Average Home Value | $166,509 |
Housing Distribution
Address Breakdown
Residential
756
Single Family
756
Multi-Family
0
Businesses
41
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