1601 Ascot ChaseShermanIL62684
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 Sherman at 1601 Ascot Chase, Sherman, IL, 62684 earns $291/mo cash flow from $4,144/mo rent with a $2,716/mo payment. Total monthly income totals $4,144/mo, and annual cash flow totals $3,490/yr on $182,595 capital. ROI tracks 21.97% on current figures, and rental yield reads 8.96% at a $555,000 purchase. Equity gained on principal adds $3,581/yr, and 5% annual appreciation supports $153,336 over five years. Five-year ROI reaches 114.86% and total cumulative return in cash sums $209,732. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,144/mo property income instead of your personal income.
Single Family
Built in 1996
0.75 Acres lot
$N/A/sqft
$4 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62684, Sherman, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,030 (100%) |
| Owner Occupied HU | 1,745 (86.0%) |
| Renter Occupied HU | 195 ( 9.6%) |
| Vacant Housing Units | 90 ( 4.4%) |
| Median Home Value | $308,183 |
| Average Home Value | $349,736 |
Housing Distribution
Address Breakdown
Residential
2,080
Single Family
2,080
Multi-Family
0
Businesses
109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices