967 Brown DrMomenceIL60954
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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 Momence at 967 Brown Dr, Momence, IL, 60954 offers a 11.43% rental yield on a $239,000 purchase with $2,276/mo rent. Total monthly income registers $2,276/mo, and a $1,170/mo payment leaves $618/mo available for distribution. Annual cash flow reaches $7,416/yr on $79,229 to close, and return on cash invested stands at 29.27% in year one. Equity gained on principal adds $1,542/yr while 5% annual appreciation supports $66,031 over five years. Portfolio math shows five-year ROI at 154.08% and total cumulative return in cash at $122,076. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,276/mo property income against a $1,170/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60954, Momence, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,669 (100%) |
| Owner Occupied HU | 1,792 (67.1%) |
| Renter Occupied HU | 616 (23.1%) |
| Vacant Housing Units | 261 ( 9.8%) |
| Median Home Value | $202,241 |
| Average Home Value | $222,641 |
Housing Distribution
Address Breakdown
Residential
2,419
Single Family
2,355
Multi-Family
64
Businesses
206
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