102 4th AveSherrardIL61281
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Sherrard at 102 4th Ave, Sherrard, IL, 61281 offers a 13.58% rental yield on a $136,900 purchase with $1,549/mo rent. Total monthly income registers $1,549/mo, and a $670/mo payment leaves $600/mo available for distribution. Annual cash flow reaches $7,194/yr on $45,382 to close, and return on cash invested stands at 35.76% in year one. Equity gained on principal adds $883/yr while 5% annual appreciation supports $37,823 over five years. Portfolio math shows five-year ROI at 188.87% and total cumulative return in cash at $85,713. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,549/mo property income against a $670/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1880
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61281, Sherrard, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,144 (100%) |
| Owner Occupied HU | 951 (83.1%) |
| Renter Occupied HU | 98 ( 8.6%) |
| Vacant Housing Units | 95 ( 8.3%) |
| Median Home Value | $222,949 |
| Average Home Value | $233,906 |
Housing Distribution
Address Breakdown
Residential
908
Single Family
908
Multi-Family
0
Businesses
38
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices