817 E High StMonticelloIL61856
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
Investment property for sale in Monticello at 817 E High St, Monticello, IL, 61856 at $198,900 posts ROI 21.55% with $90/mo cash flow from $1,470/mo rent. Total monthly income equals $1,470/mo, and annual cash flow records $1,079/yr on $65,935 to close. Return on cash invested measures 21.55% and rental yield reads 8.87% at the current $198,900. Equity gained on principal adds $1,283/yr, and 5% annual appreciation supports $54,952 by year five. Five-year ROI prints 112.6% and total cumulative return in cash totals $74,243.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,470/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61856, Monticello, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,471 (100%) |
| Owner Occupied HU | 2,665 (76.8%) |
| Renter Occupied HU | 586 (16.9%) |
| Vacant Housing Units | 220 ( 6.3%) |
| Median Home Value | $218,269 |
| Average Home Value | $250,692 |
Housing Distribution
Address Breakdown
Residential
3,379
Single Family
3,206
Multi-Family
173
Businesses
337
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Listed by: Matthew Foster • RE/MAX REALTY ASSOCIATES-MONT
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12505935