6062 S Us Highway 45 RdMetropolisIL62960
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Metropolis rentals match the income profile of 6062 S Us Highway 45 Rd, Metropolis, IL, 62960. Listed at $249,900, gross rent is $2,500/mo and net cash flow is $766/mo, a 12% yield well above national averages. DSCR 2.22 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $69,043 by year five with $2,302/yr in annual principal reduction, projecting $144,905 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 7.0% |
| Monthly Cash Flow | $766 | $1,200 |
City averages based on Metropolis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,500 |
| Total Monthly Debt Service | $1,634 |
| DSCR Ratio | 1.53x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
1.54 Acres 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
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
Single Family
Built in N/A
1.54 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12554184