9756 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
Rental property for sale in Saint Jacob at 9756 Meriwether Dr, Saint Jacob, IL, 62281 generates $2,621/mo in rent, after a $2,594/mo payment. Total monthly income is $2,621/mo. Return on cash invested sits at 12.8% in year one, and rental yield is 5.94% on a $529,900 entry. Equity gained on principal adds $3,419/yr, while 5% annual appreciation builds toward $146,402 over five years. Five-year ROI reaches 65.7% and total cumulative return in cash sums $114,539. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,621/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
1.17 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: #25004752
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