126 N 8th StHennepinIL61327
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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 Hennepin at 126 N 8th St, Hennepin, IL, 61327 uses $36,465 cash to close to unlock $761/yr annual cash flow and $63/mo monthly cash flow. Total monthly income runs $826/mo, and a $538/mo payment keeps the spread at $63/mo. Purchase price stands at $110,000, and rental yield measures 9.01% with $826/mo rent. Return on cash invested shows 22% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 115.11% and total cumulative return in cash records $41,976. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $826/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61327, Hennepin, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 546 (100%) |
| Owner Occupied HU | 382 (70.0%) |
| Renter Occupied HU | 79 (14.5%) |
| Vacant Housing Units | 85 (15.6%) |
| Median Home Value | $222,826 |
| Average Home Value | $326,846 |
Housing Distribution
Address Breakdown
Residential
379
Single Family
379
Multi-Family
0
Businesses
46
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