908 Country Pointe LnMarineIL62061
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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
Investment property for sale in Marine at 908 Country Pointe Ln, Marine, IL, 62061 uses $145,197 cash to close to unlock $1,509/yr annual cash flow and $126/mo monthly cash flow. Total monthly income runs $3,164/mo, and a $2,144/mo payment keeps the spread at $126/mo. Purchase price stands at $438,000, and rental yield measures 8.67% with $3,164/mo rent. Return on cash invested shows 20.95% in year one, and 5% annual appreciation builds toward $121,011 over five years. Five-year ROI reaches 109.4% and total cumulative return in cash records $158,838. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,164/mo property income covering a $2,144/mo payment rather than investor’s personal income.
Single Family
Built in 2000
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62061, Marine, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 770 (100%) |
| Owner Occupied HU | 592 (76.9%) |
| Renter Occupied HU | 116 (15.1%) |
| Vacant Housing Units | 62 ( 8.1%) |
| Median Home Value | $286,905 |
| Average Home Value | $301,014 |
Housing Distribution
Address Breakdown
Residential
592
Single Family
569
Multi-Family
23
Businesses
45
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