12024 Mississippi River RdHamburgIL62045
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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
Total monthly income runs $1,372/mo, and a $1,948/mo payment. Purchase price stands at $398,000, and rental yield measures 4.14% with $1,372/mo rent. Return on cash invested shows 7.28% in year one, and 5% annual appreciation builds toward $109,960 over five years. Five-year ROI reaches 36.11% and total cumulative return in cash records $47,640. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,372/mo property income covering a $1,948/mo payment rather than investor’s personal income.
Single Family
Built in 1912
74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62045, Hamburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 216 (100%) |
| Owner Occupied HU | 107 (49.5%) |
| Renter Occupied HU | 15 ( 6.9%) |
| Vacant Housing Units | 94 (43.5%) |
| Median Home Value | $235,938 |
| Average Home Value | $279,439 |
Housing Distribution
Address Breakdown
Residential
188
Single Family
188
Multi-Family
0
Businesses
4
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Listed by: Cyndi Borrowman • PCRE Real Estate & Auction Inc
Mls Name: MARIS
Mls Provider:
Mls ID: #24052860
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