7404 Brown StMoroIL62067
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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
Rental property for sale in Moro at 7404 Brown St, Moro, IL, 62067 generates $2,140/mo in rent and, after a $1,385/mo payment, leaves $177/mo in cash flow. Total monthly income is $2,140/mo, and annual cash flow is $2,126/yr on $93,815 invested. Return on cash invested sits at 22.18% in year one, and rental yield is 9.07% on a $283,000 entry. Equity gained on principal adds $1,826/yr, while 5% annual appreciation builds toward $78,188 over five years. Five-year ROI reaches 116.02% and total cumulative return in cash sums $108,843. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,140/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
9,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62067, Moro, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,312 (100%) |
| Owner Occupied HU | 932 (71.0%) |
| Renter Occupied HU | 274 (20.9%) |
| Vacant Housing Units | 106 ( 8.1%) |
| Median Home Value | $295,714 |
| Average Home Value | $321,086 |
Housing Distribution
Address Breakdown
Residential
981
Single Family
981
Multi-Family
0
Businesses
29
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