922 S Mill StPontiacIL61764
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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 Pontiac at 922 S Mill St, Pontiac, IL, 61764 generates $1,062/mo in rent and, after a $685/mo payment, leaves $91/mo in cash flow. Total monthly income is $1,062/mo, and annual cash flow is $1,096/yr on $46,377 invested. Return on cash invested sits at 22.27% in year one, and rental yield is 9.11% on a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 116.57% and total cumulative return in cash sums $54,063. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,062/mo property income rather than buyer’s personal income.
Single Family
Built in 1939
6,120 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61764, Pontiac, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,937 (100%) |
| Owner Occupied HU | 3,700 (62.3%) |
| Renter Occupied HU | 1,677 (28.2%) |
| Vacant Housing Units | 560 ( 9.4%) |
| Median Home Value | $143,224 |
| Average Home Value | $185,956 |
Housing Distribution
Address Breakdown
Residential
5,297
Single Family
4,736
Multi-Family
561
Businesses
481
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