600 S Future StMarionIL62959
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 Marion at 600 S Future St, Marion, IL, 62959 listed at $117,500 pairs $893/mo rent with a $575/mo payment to leave $78/mo cash flow. Total monthly income runs $893/mo, and annual cash flow reaches $937/yr on $38,951 cash to close. Return on cash invested measures 22.32% in year one, and rental yield registers 9.12% at a $117,500 basis. Equity gained on principal adds $758/yr, and annual property appreciation at 5% supports $32,463 by year five. Five-year ROI tracks 116.86% and total cumulative return in cash totals $45,518. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $893/mo property income relative to a $575/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
9,620 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62959, Marion, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,389 (100%) |
| Owner Occupied HU | 7,893 (59.0%) |
| Renter Occupied HU | 3,743 (28.0%) |
| Vacant Housing Units | 1,753 (13.1%) |
| Median Home Value | $204,838 |
| Average Home Value | $249,602 |
Housing Distribution
Address Breakdown
Residential
12,303
Single Family
11,733
Multi-Family
570
Businesses
1,347
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dave Thompson • C21 House of Realty, INC.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB457714
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.