124 N 1st StHanna CityIL61536
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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 Hanna City at 124 N 1st St, Hanna City, IL, 61536 offers a 11.53% rental yield on a $134,900 purchase with $1,296/mo rent. Total monthly income registers $1,296/mo, and a $660/mo payment leaves $361/mo available for distribution. Annual cash flow reaches $4,327/yr on $44,719 to close, and return on cash invested stands at 29.58% in year one. Equity gained on principal adds $870/yr while 5% annual appreciation supports $37,270 over five years. Portfolio math shows five-year ROI at 155.73% and total cumulative return in cash at $69,641. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,296/mo property income against a $660/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
10,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61536, Hanna City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,380 (100%) |
| Owner Occupied HU | 1,093 (79.2%) |
| Renter Occupied HU | 196 (14.2%) |
| Vacant Housing Units | 91 ( 6.6%) |
| Median Home Value | $217,940 |
| Average Home Value | $251,882 |
Housing Distribution
Address Breakdown
Residential
1,162
Single Family
1,110
Multi-Family
52
Businesses
52
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Listed by: Matthew Williams • eXp Realty
Mls Name: RMLS Alliance
Mls ID: #PA1263078