737 E Grant HwyMarengoIL60152
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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 Marengo at 737 E Grant Hwy, Marengo, IL, 60152 earns $267/mo cash flow from $2,903/mo rent with a $1,860/mo payment. Total monthly income totals $2,903/mo, and annual cash flow totals $3,206/yr on $125,970 capital. ROI tracks 22.45% on current figures, and rental yield reads 9.17% at a $380,000 purchase. Equity gained on principal adds $2,452/yr, and 5% annual appreciation supports $104,987 over five years. Five-year ROI reaches 117.5% and total cumulative return in cash sums $148,021. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,903/mo property income instead of your personal income.
Single Family
Built in N/A
1.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60152, Marengo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,144 (100%) |
| Owner Occupied HU | 3,846 (74.8%) |
| Renter Occupied HU | 1,057 (20.5%) |
| Vacant Housing Units | 241 ( 4.7%) |
| Median Home Value | $328,944 |
| Average Home Value | $356,481 |
Housing Distribution
Address Breakdown
Residential
4,876
Single Family
4,690
Multi-Family
186
Businesses
326
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