9 W Magnolia St, Pana, IL, 62557 | 5.31% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Pana at 9 W Magnolia St, Pana, IL, 62557 priced at $164,000 converts $726/mo rent into after a $803/mo obligation. Total monthly income equals $726/mo. Return on cash invested prints 10.82% in year one, and rental yield reads 5.31% against a $164,000 entry. Equity gained on principal adds $1,058/yr, while 5% annual appreciation compiles into $45,310 by year five. Five-year ROI reaches 55.15% and total cumulative return in cash sums $29,985. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $726/mo property income covering a $803/mo payment, not borrower’s personal income.

Single Family

Built in 1920

2 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 62557, Pana, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,527 (100%)
Owner Occupied HU	2,213 (62.7%)
Renter Occupied HU	743 (21.1%)
Vacant Housing Units	571 (16.2%)
Median Home Value	$114,822
Average Home Value	$143,717