1804 Crown RdHerrinIL62948
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 Herrin at 1804 Crown Rd, Herrin, IL, 62948 offers a 19.26% rental yield on a $209,000 purchase with $3,355/mo rent. Total monthly income registers $3,355/mo, and a $1,023/mo payment leaves $1,905/mo available for distribution. Annual cash flow reaches $22,863/yr on $69,284 to close, and return on cash invested stands at 52.91% in year one. Equity gained on principal adds $1,349/yr while 5% annual appreciation supports $57,743 over five years. Portfolio math shows five-year ROI at 280.83% and total cumulative return in cash at $194,570. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,355/mo property income against a $1,023/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62948, Herrin, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,114 (100%) |
| Owner Occupied HU | 3,554 (58.1%) |
| Renter Occupied HU | 1,805 (29.5%) |
| Vacant Housing Units | 755 (12.3%) |
| Median Home Value | $133,249 |
| Average Home Value | $159,634 |
Housing Distribution
Address Breakdown
Residential
5,750
Single Family
5,552
Multi-Family
198
Businesses
433
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elaine H Melby • C21 HOUSE OF REALTY, INC. C
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB454863
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.