1205 S Holland StHarrisburgIL62946
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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 Harrisburg at 1205 S Holland St, Harrisburg, IL, 62946 uses $44,719 cash to close to unlock $1,159/yr annual cash flow and $97/mo monthly cash flow. Total monthly income runs $1,032/mo, and a $660/mo payment keeps the spread at $97/mo. Purchase price stands at $134,900, and rental yield measures 9.18% with $1,032/mo rent. Return on cash invested shows 22.5% in year one, and 5% annual appreciation builds toward $37,270 over five years. Five-year ROI reaches 117.76% and total cumulative return in cash records $52,661. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,032/mo property income covering a $660/mo payment rather than investor’s personal income.
Single Family
Built in 1905
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62946, Harrisburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,954 (100%) |
| Owner Occupied HU | 3,629 (61.0%) |
| Renter Occupied HU | 1,463 (24.6%) |
| Vacant Housing Units | 862 (14.5%) |
| Median Home Value | $126,021 |
| Average Home Value | $149,213 |
Housing Distribution
Address Breakdown
Residential
5,385
Single Family
5,143
Multi-Family
242
Businesses
575
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Listed by: Shelly K Cain • COLDWELL BANKER J. DAVID THOMPSON
Mls Name: RMLS Alliance
Mls ID: #EB459141