110 N Park StHeckerIL62248
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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 Hecker at 110 N Park St, Hecker, IL, 62248 priced at $225,000 pairs $0/mo rent with after a $1,101/mo payment. Total monthly income equals $0/mo. Return on cash invested is -5.2% in year one, and rental yield stands at 0% on a $225,000 basis. Equity gained on principal adds $1,452/yr, and 5% annual appreciation accumulates to $62,163 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1898
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62248, Hecker, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 180 (100%) |
| Owner Occupied HU | 149 (82.8%) |
| Renter Occupied HU | 18 ( 10.0%) |
| Vacant Housing Units | 13 ( 7.2%) |
| Median Home Value | $243,056 |
| Average Home Value | $249,698 |
Housing Distribution
Address Breakdown
Residential
2
Single Family
2
Multi-Family
0
Businesses
17
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No similar rental properties found nearby.
Nearby investment properties with comparable prices