115 S Hancock StWhite HallIL62092
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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 White Hall at 115 S Hancock St, White Hall, IL, 62092 uses $79,560 cash to close to unlock $6,348/yr annual cash flow and $529/mo monthly cash flow. Total monthly income runs $2,194/mo, and a $1,175/mo payment keeps the spread at $529/mo. Purchase price stands at $240,000, and rental yield measures 10.97% with $2,194/mo rent. Return on cash invested shows 27.89% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 146.61% and total cumulative return in cash records $116,642. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,194/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Single Family
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62092, White Hall, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,312 (100%) |
| Owner Occupied HU | 867 (66.1%) |
| Renter Occupied HU | 270 (20.6%) |
| Vacant Housing Units | 175 (13.3%) |
| Median Home Value | $83,679 |
| Average Home Value | $152,290 |
Housing Distribution
Address Breakdown
Residential
1,102
Single Family
1,092
Multi-Family
10
Businesses
72
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Listed by: Rhonda Lawson • Witt Realty/Benda Witt, Managing Broker
Mls Name: My State MLS
Mls ID: #11462146