611 E Main StGeneseoIL61254
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
Rental property for sale in Geneseo at 611 E Main St, Geneseo, IL, 61254 priced at $172,900 pairs $1,438/mo rent with $239/mo cash flow after a $846/mo payment. Total monthly income equals $1,438/mo, and annual cash flow comes to $2,868/yr on $57,316 invested. Return on cash invested is 24.91% in year one, and rental yield stands at 9.98% on a $172,900 basis. Equity gained on principal adds $1,116/yr, and 5% annual appreciation accumulates to $47,769 by year five. Five-year ROI measures 130.61% and total cumulative return in cash reaches $74,864. For financing, Ziffy Mortgage’s DSCR program evaluates $1,438/mo property income against a $846/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1937
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61254, Geneseo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,167 (100%) |
| Owner Occupied HU | 3,911 (75.7%) |
| Renter Occupied HU | 878 (17.0%) |
| Vacant Housing Units | 378 ( 7.3%) |
| Median Home Value | $226,871 |
| Average Home Value | $250,255 |
Housing Distribution
Address Breakdown
Residential
5,015
Single Family
4,696
Multi-Family
319
Businesses
408
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