134 E 7th StSherrardIL61281
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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 Sherrard at 134 E 7th St, Sherrard, IL, 61281 uses $46,410 cash to close to unlock $3,278/yr annual cash flow and $273/mo monthly cash flow. Total monthly income runs $1,244/mo, and a $685/mo payment keeps the spread at $273/mo. Purchase price stands at $139,999, and rental yield measures 10.66% with $1,244/mo rent. Return on cash invested shows 26.97% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 141.82% and total cumulative return in cash records $65,818. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,244/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1960
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61281, Sherrard, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,144 (100%) |
| Owner Occupied HU | 951 (83.1%) |
| Renter Occupied HU | 98 ( 8.6%) |
| Vacant Housing Units | 95 ( 8.3%) |
| Median Home Value | $222,949 |
| Average Home Value | $233,906 |
Housing Distribution
Address Breakdown
Residential
908
Single Family
908
Multi-Family
0
Businesses
38
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Listed by: Ana True • EXP REALTY, LLC.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4257060
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.