208 Hickory DrLenaIL61048
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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 Lena at 208 Hickory Dr, Lena, IL, 61048 uses $62,952 cash to close to unlock $5,091/yr annual cash flow and $424/mo monthly cash flow. Total monthly income runs $1,741/mo, and a $929/mo payment keeps the spread at $424/mo. Purchase price stands at $189,900, and rental yield measures 11% with $1,741/mo rent. Return on cash invested shows 28% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 147.24% and total cumulative return in cash records $92,693. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,741/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1979
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61048, Lena, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,875 (100%) |
| Owner Occupied HU | 1,447 (77.2%) |
| Renter Occupied HU | 284 (15.1%) |
| Vacant Housing Units | 144 ( 7.7%) |
| Median Home Value | $181,929 |
| Average Home Value | $218,842 |
Housing Distribution
Address Breakdown
Residential
1,635
Single Family
1,526
Multi-Family
109
Businesses
138
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