127 Cassens AveHamelIL62046
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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
Rental property for sale in Hamel at 127 Cassens Ave, Hamel, IL, 62046 priced at $249,900 converts $1,793/mo rent into $60/mo cash flow after a $1,223/mo obligation. Total monthly income equals $1,793/mo, and annual cash flow totals $717/yr on $82,842 invested. Return on cash invested prints 20.77% in year one, and rental yield reads 8.61% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 108.48% and total cumulative return in cash sums $89,870. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,793/mo property income covering a $1,223/mo payment, not borrower’s personal income.
Single Family
Built in 1930
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62046, Hamel, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 400 (100%) |
| Owner Occupied HU | 324 (81.0%) |
| Renter Occupied HU | 53 (13.2%) |
| Vacant Housing Units | 23 ( 5.7%) |
| Median Home Value | $256,667 |
| Average Home Value | $253,958 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
55
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