521 N Meyers AveMilledgevilleIL61051
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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 Milledgeville at 521 N Meyers Ave, Milledgeville, IL, 61051 with 5% annual appreciation on a $139,900 basis while $1,061/mo rent supports operations. Total monthly income totals $1,061/mo and a $685/mo payment preserves $90/mo for cash returns. Annual cash flow comes to $1,084/yr on $46,377 deployed, and return on cash invested reaches 22.25% in year one. Equity gained on principal adds $903/yr, and five-year appreciation sums $38,652 alongside rental yield of 9.1%. Five-year ROI measures 116.44% and total cumulative return in cash totals $54,003.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,061/mo property income versus a $685/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
8,276 sqft lot
$N/A/sqft
No HOA
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Listed by: JD Gieson • Re/Max Of Rock Valley
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202505356
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