202 Harris DrSteelevilleIL62288
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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 Steeleville at 202 Harris Dr, Steeleville, IL, 62288 earns from $1,379/mo rent with a $1,273/mo payment. Total monthly income totals $1,379/mo. ROI tracks 13.99% on current figures, and rental yield reads 6.36% at a $260,000 purchase. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 over five years. Five-year ROI reaches 72.14% and total cumulative return in cash sums $62,177. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,379/mo property income instead of your personal income.
Single Family
Built in 1980
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62288, Steeleville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,381 (100%) |
| Owner Occupied HU | 979 (70.9%) |
| Renter Occupied HU | 245 (17.7%) |
| Vacant Housing Units | 157 (11.4%) |
| Median Home Value | $198,818 |
| Average Home Value | $272,306 |
Housing Distribution
Address Breakdown
Residential
1,230
Single Family
1,219
Multi-Family
11
Businesses
97
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Listed by: Shari Hopkins • Golden Key Realty
Mls Name: MARIS
Mls ID: #25047105