203 N Oak StHerscherIL60941
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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 Herscher at 203 N Oak St, Herscher, IL, 60941 with 5% annual appreciation on a $110,000 basis while $1,408/mo rent supports operations. Total monthly income totals $1,408/mo and a $538/mo payment preserves $645/mo for cash returns. Annual cash flow comes to $7,745/yr on $36,465 deployed, and return on cash invested reaches 41.15% in year one. Equity gained on principal adds $710/yr, and five-year appreciation sums $30,391 alongside rental yield of 15.36%. Five-year ROI measures 217.79% and total cumulative return in cash totals $79,416.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,408/mo property income versus a $538/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1912
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60941, Herscher, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 825 (100%) |
| Owner Occupied HU | 604 (73.2%) |
| Renter Occupied HU | 161 (19.5%) |
| Vacant Housing Units | 60 ( 7.3%) |
| Median Home Value | $242,991 |
| Average Home Value | $273,357 |
Housing Distribution
Address Breakdown
Residential
605
Single Family
564
Multi-Family
41
Businesses
77
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