207 N 1st StLa HarpeIL61450
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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 La Harpe at 207 N 1st St, La Harpe, IL, 61450 with 5% annual appreciation on a $115,000 basis while $984/mo rent supports operations. Total monthly income totals $984/mo and a $563/mo payment preserves $186/mo for cash returns. Annual cash flow comes to $2,234/yr on $38,123 deployed, and return on cash invested reaches 25.77% in year one. Equity gained on principal adds $742/yr, and five-year appreciation sums $31,772 alongside rental yield of 10.27%. Five-year ROI measures 135.35% and total cumulative return in cash totals $51,597.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $984/mo property income versus a $563/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61450, La Harpe, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 737 (100%) |
| Owner Occupied HU | 559 (75.8%) |
| Renter Occupied HU | 92 (12.5%) |
| Vacant Housing Units | 86 (11.7%) |
| Median Home Value | $106,094 |
| Average Home Value | $158,081 |
Housing Distribution
Address Breakdown
Residential
480
Single Family
480
Multi-Family
0
Businesses
58
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Listed by: Eric Little • Crossroads Real Estate
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1255665
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.