1600 N Harrison StLitchfieldIL62056
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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 Litchfield at 1600 N Harrison St, Litchfield, IL, 62056 earns $157/mo cash flow from $1,197/mo rent with a $734/mo payment. Total monthly income totals $1,197/mo, and annual cash flow totals $1,883/yr on $49,692 capital. ROI tracks 23.7% on current figures, and rental yield reads 9.58% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 124.15% and total cumulative return in cash sums $61,691. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,197/mo property income instead of your personal income.
Single Family
Built in 1986
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62056, Litchfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,979 (100%) |
| Owner Occupied HU | 2,573 (64.7%) |
| Renter Occupied HU | 960 (24.1%) |
| Vacant Housing Units | 446 (11.2%) |
| Median Home Value | $130,117 |
| Average Home Value | $191,364 |
Housing Distribution
Address Breakdown
Residential
3,757
Single Family
3,582
Multi-Family
175
Businesses
421
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Listed by: Jennifer L Dunn • Century 21 Reid Baugher Realty
Mls Name: MARIS
Mls ID: #25040491