830 N Taylor StMarengoIL60152
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 Marengo at 830 N Taylor St, Marengo, IL, 60152 generates $2,256/mo in rent and, after a $1,003/mo payment, leaves $797/mo in cash flow. Total monthly income is $2,256/mo, and annual cash flow is $9,564/yr on $67,958 invested. Return on cash invested sits at 33.98% in year one, and rental yield is 13.21% on a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 179.61% and total cumulative return in cash sums $122,058. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,256/mo property income rather than buyer’s personal income.
Single Family
Built in 1943
8,712 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kimberly Cooley • Berkshire Hathaway Homeservices Starck Re
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202506212
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.