477 N River StMontgomeryIL60538
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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 Montgomery at 477 N River St, Montgomery, IL, 60538 with 5% annual appreciation on a $293,900 basis while $2,096/mo rent supports operations. Total monthly income totals $2,096/mo and a $1,438/mo payment preserves $58/mo for cash returns. Annual cash flow comes to $695/yr on $97,428 deployed, and return on cash invested reaches 20.62% in year one. Equity gained on principal adds $1,896/yr, and five-year appreciation sums $81,199 alongside rental yield of 8.56%. Five-year ROI measures 107.63% and total cumulative return in cash totals $104,861.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,096/mo property income versus a $1,438/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1951
8,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60538, Montgomery, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,298 (100%) |
| Owner Occupied HU | 8,095 (78.6%) |
| Renter Occupied HU | 1,961 (19.0%) |
| Vacant Housing Units | 242 ( 2.3%) |
| Median Home Value | $261,970 |
| Average Home Value | $273,612 |
Housing Distribution
Address Breakdown
Residential
10,214
Single Family
9,940
Multi-Family
274
Businesses
424
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