213 S Hickory StFarinaIL62838
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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 Farina at 213 S Hickory St, Farina, IL, 62838 at $187,000 posts ROI 20.96% with $54/mo cash flow from $1,351/mo rent. Total monthly income equals $1,351/mo, and annual cash flow records $650/yr on $61,991 to close. Return on cash invested measures 20.96% and rental yield reads 8.67% at the current $187,000. Equity gained on principal adds $1,207/yr, and 5% annual appreciation supports $51,665 by year five. Five-year ROI prints 109.5% and total cumulative return in cash totals $67,878.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,351/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1917
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62838, Farina, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 581 (100%) |
| Owner Occupied HU | 455 (78.3%) |
| Renter Occupied HU | 58 ( 10.0%) |
| Vacant Housing Units | 68 (11.7%) |
| Median Home Value | $114,440 |
| Average Home Value | $178,253 |
Housing Distribution
Address Breakdown
Residential
622
Single Family
622
Multi-Family
0
Businesses
45
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