1501 Poplar St APT 2HighlandIL62249
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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 Highland at 1501 Poplar St APT 2, Highland, IL, 62249 uses $37,791 cash to close to unlock $5,127/yr annual cash flow and $427/mo monthly cash flow. Total monthly income runs $1,218/mo, and a $558/mo payment keeps the spread at $427/mo. Purchase price stands at $114,000, and rental yield measures 12.82% with $1,218/mo rent. Return on cash invested shows 33.48% in year one, and 5% annual appreciation builds toward $31,496 over five years. Five-year ROI reaches 176.7% and total cumulative return in cash records $66,775. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,218/mo property income covering a $558/mo payment rather than investor’s personal income.
Townhouse
Built in 1972
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62249, Highland, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,148 (100%) |
| Owner Occupied HU | 5,271 (73.7%) |
| Renter Occupied HU | 1,472 (20.6%) |
| Vacant Housing Units | 405 ( 5.7%) |
| Median Home Value | $264,878 |
| Average Home Value | $300,071 |
Housing Distribution
Address Breakdown
Residential
6,867
Single Family
6,539
Multi-Family
328
Businesses
511
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