750 Marney LnWaterlooIL62298
Nearby investment properties with comparable rents
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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 Waterloo at 750 Marney Ln, Waterloo, IL, 62298 priced at $326,000 converts $3,635/mo rent into $1,373/mo cash flow after a $1,596/mo obligation. Total monthly income equals $3,635/mo, and annual cash flow totals $16,481/yr on $108,069 invested. Return on cash invested prints 35.16% in year one, and rental yield reads 13.38% against a $326,000 entry. Equity gained on principal adds $2,104/yr, while 5% annual appreciation compiles into $90,068 by year five. Five-year ROI reaches 185.62% and total cumulative return in cash sums $200,595. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,635/mo property income covering a $1,596/mo payment, not borrower’s personal income.
Single Family
Built in 1994
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62298, Waterloo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,538 (100%) |
| Owner Occupied HU | 5,947 (78.9%) |
| Renter Occupied HU | 1,251 (16.6%) |
| Vacant Housing Units | 340 ( 4.5%) |
| Median Home Value | $295,370 |
| Average Home Value | $322,634 |
Housing Distribution
Address Breakdown
Residential
7,397
Single Family
7,365
Multi-Family
32
Businesses
446
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Listed by: Carla S Mercer • eXp Realty
Mls Name: MARIS
Mls Provider:
Mls ID: #25033204
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