212 South BroadwayHoffmanIL62250
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Nearby investment properties with comparable prices
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 Hoffman at 212 South Broadway, Hoffman, IL, 62250 with 5% annual appreciation on a $140,000 basis while $1,306/mo rent supports operations. Total monthly income totals $1,306/mo and a $685/mo payment preserves $335/mo for cash returns. Annual cash flow comes to $4,022/yr on $46,410 deployed, and return on cash invested reaches 28.58% in year one. Equity gained on principal adds $903/yr, and five-year appreciation sums $38,679 alongside rental yield of 11.19%. Five-year ROI measures 150.4% and total cumulative return in cash totals $69,802.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,306/mo property income versus a $685/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1947
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62250, Hoffman, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 224 (100%) |
| Owner Occupied HU | 183 (81.7%) |
| Renter Occupied HU | 25 (11.2%) |
| Vacant Housing Units | 16 ( 7.1%) |
| Median Home Value | $185,833 |
| Average Home Value | $232,117 |
Housing Distribution
Address Breakdown
Residential
109
Single Family
109
Multi-Family
0
Businesses
14
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