9749 Meriwether DrSaint JacobIL62281
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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 Saint Jacob at 9749 Meriwether Dr, Saint Jacob, IL, 62281 offers a 7.42% rental yield on a $479,900 purchase with $2,968/mo rent. 19% in year one. Equity gained on principal adds $3,097/yr while 5% annual appreciation supports $132,588 over five years. Portfolio math shows five-year ROI at 89.25% and total cumulative return in cash at $141,981. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,968/mo property income against a $2,349/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62281, Saint Jacob, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,166 (100%) |
| Owner Occupied HU | 970 (83.2%) |
| Renter Occupied HU | 137 (11.7%) |
| Vacant Housing Units | 59 ( 5.1%) |
| Median Home Value | $319,811 |
| Average Home Value | $326,554 |
Housing Distribution
Address Breakdown
Residential
1,035
Single Family
1,035
Multi-Family
0
Businesses
47
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Listed by: Paula Peppers • Re/Max Signature Properties
Mls Name: MARIS
Mls Provider:
Mls ID: #25004762
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