1840 Spinnaker StHampshireIL60140
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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 Hampshire at 1840 Spinnaker St, Hampshire, IL, 60140 earns $333/mo cash flow from $2,274/mo rent with a $1,370/mo payment. Total monthly income totals $2,274/mo, and annual cash flow totals $3,990/yr on $92,787 capital. ROI tracks 24.21% on current figures, and rental yield reads 9.75% at a $279,900 purchase. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,331 over five years. Five-year ROI reaches 126.9% and total cumulative return in cash sums $117,745. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,274/mo property income instead of your personal income.
Multi Family
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60140, Hampshire, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,359 (100%) |
| Owner Occupied HU | 7,944 (84.9%) |
| Renter Occupied HU | 950 (10.2%) |
| Vacant Housing Units | 465 ( 5.0%) |
| Median Home Value | $362,049 |
| Average Home Value | $378,568 |
Housing Distribution
Address Breakdown
Residential
8,640
Single Family
8,637
Multi-Family
3
Businesses
327
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