2 Stuart PlHarrisburgIL62946
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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 Harrisburg at 2 Stuart Pl, Harrisburg, IL, 62946 listed at $245,000 pairs $3,864/mo rent with a $1,199/mo payment to leave $2,165/mo cash flow. Total monthly income runs $3,864/mo, and annual cash flow reaches $25,977/yr on $81,218 cash to close. Return on cash invested measures 51.89% in year one, and rental yield registers 18.93% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 275.33% and total cumulative return in cash totals $223,620. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,864/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1986
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62946, Harrisburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,954 (100%) |
| Owner Occupied HU | 3,629 (61.0%) |
| Renter Occupied HU | 1,463 (24.6%) |
| Vacant Housing Units | 862 (14.5%) |
| Median Home Value | $126,021 |
| Average Home Value | $149,213 |
Housing Distribution
Address Breakdown
Residential
5,385
Single Family
5,143
Multi-Family
242
Businesses
575
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Listed by: Brooke Schimp • House 2 Home Realty Marion
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4253554
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.