22 Round House RdHerodIL62947
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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 Herod at 22 Round House Rd, Herod, IL, 62947 offers a 8.39% rental yield on a $230,000 purchase with $1,609/mo rent. Total monthly income registers $1,609/mo, and a $1,126/mo payment leaves $13/mo available for distribution. Annual cash flow reaches $161/yr on $76,245 to close, and return on cash invested stands at 20.12% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,545 over five years. Portfolio math shows five-year ROI at 104.99% and total cumulative return in cash at $80,047. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,609/mo property income against a $1,126/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62947, Herod, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 256 (100%) |
| Owner Occupied HU | 181 (70.7%) |
| Renter Occupied HU | 15 ( 5.9%) |
| Vacant Housing Units | 60 (23.4%) |
| Median Home Value | $180,833 |
| Average Home Value | $234,917 |
Housing Distribution
Address Breakdown
Residential
236
Single Family
236
Multi-Family
0
Businesses
6
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Listed by: Chad Wilkinson • Whitetail Properties Real Esta
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1036052
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