1382 300th StSherrardIL61281
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
Investment Highlights
Investment property for sale in Sherrard at 1382 300th St, Sherrard, IL, 61281 earns $229/mo cash flow from $2,448/mo rent with a $1,566/mo payment. Total monthly income totals $2,448/mo, and annual cash flow totals $2,744/yr on $106,080 capital. ROI tracks 22.5% on current figures, and rental yield reads 9.18% at a $320,000 purchase. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 over five years. Five-year ROI reaches 117.7% and total cumulative return in cash sums $124,851. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,448/mo property income instead of your personal income.
Single Family
Built in 2003
5 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sharon Esslinger • RE/MAX Country Crossroads
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4267304
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.