132 W 2nd StHartfordIL62048
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 132 W 2nd St, Hartford, IL, 62048 in Hartford hard to pass up. The 17.49% gross yield on a $115,000 purchase results in $1,676/mo in rent and $879/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (3.24). Annual cash flow of $10,545, five-year appreciation of $31,772, and $1,059/yr in equity build-up combine for a projected total cumulative return of $100,547.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17.5% | 9.0% |
| Monthly Cash Flow | $879 | $200 |
City averages based on Hartford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,676 |
| Total Monthly Debt Service | $752 |
| DSCR Ratio | 2.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1946
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62048, Hartford, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 600 (100%) |
| Owner Occupied HU | 400 (66.7%) |
| Renter Occupied HU | 146 (24.3%) |
| Vacant Housing Units | 54 ( 9.0%) |
| Median Home Value | $74,857 |
| Average Home Value | $90,944 |
Housing Distribution
Address Breakdown
Residential
515
Single Family
515
Multi-Family
0
Businesses
44
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1946
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62048, Hartford, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 600 (100%) |
| Owner Occupied HU | 400 (66.7%) |
| Renter Occupied HU | 146 (24.3%) |
| Vacant Housing Units | 54 ( 9.0%) |
| Median Home Value | $74,857 |
| Average Home Value | $90,944 |
Housing Distribution
Address Breakdown
Residential
515
Single Family
515
Multi-Family
0
Businesses
44
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices