491 Illinois StMarseillesIL61341
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 Marseilles at 491 Illinois St, Marseilles, IL, 61341 at $159,000 posts ROI 22.38% with $108/mo cash flow from $1,211/mo rent. Total monthly income equals $1,211/mo, and annual cash flow records $1,300/yr on $52,709 to close. Return on cash invested measures 22.38% and rental yield reads 9.14% at the current $159,000. Equity gained on principal adds $1,026/yr, and 5% annual appreciation supports $43,929 by year five. Five-year ROI prints 117.11% and total cumulative return in cash totals $61,728.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,211/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61341, Marseilles, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,793 (100%) |
| Owner Occupied HU | 2,654 (70.0%) |
| Renter Occupied HU | 746 (19.7%) |
| Vacant Housing Units | 393 (10.4%) |
| Median Home Value | $209,601 |
| Average Home Value | $261,014 |
Housing Distribution
Address Breakdown
Residential
3,511
Single Family
3,438
Multi-Family
73
Businesses
186
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Nearby investment properties with comparable prices
Listed by: Beth Girot • Arrow Realty Group LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12502657