508 Palmyra StDixonIL61021
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
Rental property for sale in Dixon at 508 Palmyra St, Dixon, IL, 61021 priced at $117,500 pairs $1,754/mo rent with $908/mo cash flow after a $575/mo payment. Total monthly income equals $1,754/mo, and annual cash flow comes to $10,896/yr on $38,951 invested. Return on cash invested is 47.88% in year one, and rental yield stands at 17.91% on a $117,500 basis. Equity gained on principal adds $758/yr, and 5% annual appreciation accumulates to $32,463 by year five. Five-year ROI measures 254.17% and total cumulative return in cash reaches $99,002. For financing, Ziffy Mortgage’s DSCR program evaluates $1,754/mo property income against a $575/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1926
8,751 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Beth Wilson • Sauk Valley Properties LLC
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12431224
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)