197 Herrick Rd, Riverside, IL, 60546 | 6.77% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Riverside at 197 Herrick Rd, Riverside, IL, 60546 earns from $3,382/mo rent with a $2,936/mo payment. Total monthly income totals $3,382/mo. ROI tracks 15.33% on current figures, and rental yield reads 6.77% at a $599,900 purchase. Equity gained on principal adds $3,871/yr, and 5% annual appreciation supports $165,741 over five years. Five-year ROI reaches 79.23% and total cumulative return in cash sums $156,376. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,382/mo property income instead of your personal income.

Single Family

Built in 1885

8,600 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 60546, Riverside, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,659 (100%)
Owner Occupied HU	4,779 (71.8%)
Renter Occupied HU	1,536 (23.1%)
Vacant Housing Units	344 ( 5.2%)
Median Home Value	$391,425
Average Home Value	$462,132