510 N Main AveMinierIL61759
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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 Minier at 510 N Main Ave, Minier, IL, 61759 priced at $147,750 pairs $1,164/mo rent with $139/mo cash flow after a $723/mo payment. Total monthly income equals $1,164/mo, and annual cash flow comes to $1,672/yr on $48,979 invested. Return on cash invested is 23.32% in year one, and rental yield stands at 9.45% on a $147,750 basis. Equity gained on principal adds $953/yr, and 5% annual appreciation accumulates to $40,821 by year five. Five-year ROI measures 122.22% and total cumulative return in cash reaches $59,864. For financing, Ziffy Mortgage’s DSCR program evaluates $1,164/mo property income against a $723/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1981
8,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61759, Minier, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 647 (100%) |
| Owner Occupied HU | 506 (78.2%) |
| Renter Occupied HU | 92 (14.2%) |
| Vacant Housing Units | 49 ( 7.6%) |
| Median Home Value | $164,151 |
| Average Home Value | $183,597 |
Housing Distribution
Address Breakdown
Residential
115
Single Family
115
Multi-Family
0
Businesses
52
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