217 Hancock DrOrangevilleIL61060
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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 Orangeville at 217 Hancock Dr, Orangeville, IL, 61060 with 5% annual appreciation on a $299,900 basis while $2,561/mo rent supports operations. Total monthly income totals $2,561/mo and a $1,468/mo payment preserves $369/mo for cash returns. Annual cash flow comes to $4,434/yr on $99,417 deployed, and return on cash invested reaches 24.37% in year one. Equity gained on principal adds $1,935/yr, and five-year appreciation sums $82,857 alongside rental yield of 10.25%. Five-year ROI measures 128.24% and total cumulative return in cash totals $127,492.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,561/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1995
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61060, Orangeville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 645 (100%) |
| Owner Occupied HU | 475 (73.6%) |
| Renter Occupied HU | 112 (17.4%) |
| Vacant Housing Units | 58 ( 9.0%) |
| Median Home Value | $170,697 |
| Average Home Value | $214,311 |
Housing Distribution
Address Breakdown
Residential
440
Single Family
440
Multi-Family
0
Businesses
28
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Listed by: Javen Rands • Dickerson & Nieman
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202503254
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.