221 W Poplar StHarrisburgIL62946
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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
Rental property for sale in Harrisburg at 221 W Poplar St, Harrisburg, IL, 62946 priced at $124,000 converts $2,018/mo rent into $970/mo cash flow after a $607/mo obligation. Total monthly income equals $2,018/mo, and annual cash flow totals $11,642/yr on $41,106 invested. Return on cash invested prints 48.23% in year one, and rental yield reads 19.53% against a $124,000 entry. Equity gained on principal adds $800/yr, while 5% annual appreciation compiles into $34,259 by year five. Five-year ROI reaches 257.81% and total cumulative return in cash sums $105,975. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,018/mo property income covering a $607/mo payment, not borrower’s personal income.
Single Family
Built in 1910
10,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62946, Harrisburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,954 (100%) |
| Owner Occupied HU | 3,629 (61.0%) |
| Renter Occupied HU | 1,463 (24.6%) |
| Vacant Housing Units | 862 (14.5%) |
| Median Home Value | $126,021 |
| Average Home Value | $149,213 |
Housing Distribution
Address Breakdown
Residential
5,385
Single Family
5,143
Multi-Family
242
Businesses
575
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Listed by: Patti Anderton • All In One Real Estate Company
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB458414
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.