610 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 610 Metropolis St, Metropolis, IL, 62960 earns $62/mo cash flow from $1,795/mo rent with a $1,223/mo payment. Total monthly income totals $1,795/mo, and annual cash flow totals $741/yr on $82,842 capital. ROI tracks 20.8% on current figures, and rental yield reads 8.62% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 108.63% and total cumulative return in cash sums $89,990. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,795/mo property income instead of your personal income.
Single Family
Built in 1940
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: Lucus L Grace • Farmer & Co. Real Estate
Mls Name: RMLS Alliance
Mls ID: #EB459397