Forrest Dr #DVUS4RMonticelloIL61856
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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 Monticello at Forrest Dr #DVUS4R, Monticello, IL, 61856 offers a 7.66% rental yield on a $432,300 purchase with $2,758/mo rent. 22% in year one. Equity gained on principal adds $2,790/yr while 5% annual appreciation supports $119,437 over five years. Portfolio math shows five-year ROI at 84.66% and total cumulative return in cash at $121,325. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,758/mo property income against a $2,116/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
N/A lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61856, Monticello, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,471 (100%) |
| Owner Occupied HU | 2,665 (76.8%) |
| Renter Occupied HU | 586 (16.9%) |
| Vacant Housing Units | 220 ( 6.3%) |
| Median Home Value | $218,269 |
| Average Home Value | $250,692 |
Housing Distribution
Address Breakdown
Residential
3,379
Single Family
3,206
Multi-Family
173
Businesses
337
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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