102 Conch DrLa HarpeIL61450
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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 La Harpe at 102 Conch Dr, La Harpe, IL, 61450 uses $74,753 cash to close to unlock $7,135/yr annual cash flow and $595/mo monthly cash flow. Total monthly income runs $2,159/mo, and a $1,104/mo payment keeps the spread at $595/mo. Purchase price stands at $225,500, and rental yield measures 11.49% with $2,159/mo rent. Return on cash invested shows 29.45% in year one, and 5% annual appreciation builds toward $62,301 over five years. Five-year ROI reaches 155.05% and total cumulative return in cash records $115,906. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,159/mo property income covering a $1,104/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61450, La Harpe, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 737 (100%) |
| Owner Occupied HU | 559 (75.8%) |
| Renter Occupied HU | 92 (12.5%) |
| Vacant Housing Units | 86 (11.7%) |
| Median Home Value | $106,094 |
| Average Home Value | $158,081 |
Housing Distribution
Address Breakdown
Residential
480
Single Family
480
Multi-Family
0
Businesses
58
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