600 Metropolis StMetropolisIL62960
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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 Metropolis at 600 Metropolis St, Metropolis, IL, 62960 offers a 29.06% rental yield on a $103,500 purchase with $2,506/mo rent. Total monthly income registers $2,506/mo, and a $507/mo payment leaves $1,788/mo available for distribution. Annual cash flow reaches $21,452/yr on $34,310 to close, and return on cash invested stands at 82.43% in year one. Equity gained on principal adds $668/yr while 5% annual appreciation supports $28,595 over five years. Portfolio math shows five-year ROI at 439.14% and total cumulative return in cash at $150,671. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,506/mo property income against a $507/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62960, Metropolis, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,400 (100%) |
| Owner Occupied HU | 3,499 (64.8%) |
| Renter Occupied HU | 1,123 (20.8%) |
| Vacant Housing Units | 778 (14.4%) |
| Median Home Value | $141,240 |
| Average Home Value | $169,498 |
Housing Distribution
Address Breakdown
Residential
4,716
Single Family
4,657
Multi-Family
59
Businesses
411
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Listed by: Stewart Weisenberger • Farmer & Co. Real Estate
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB457449
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.