488 State Route 116, Metamora, IL, 61548 | 3.97% Rental Yield

For Sale

Currently Rented

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Metamora at 488 State Route 116, Metamora, IL, 61548 generates $1,968/mo in rent, after a $2,912/mo payment. Total monthly income is $1,968/mo. Return on cash invested sits at 6.83% in year one, and rental yield is 3.97% on a $595,000 entry. Equity gained on principal adds $3,839/yr, while 5% annual appreciation builds toward $164,388 over five years. Five-year ROI reaches 33.66% and total cumulative return in cash sums $65,882. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,968/mo property income rather than buyer’s personal income.

Single Family

Built in 1956

17.37 Acres lot

$N/A/sqft

No HOA