236 Gallinipper RdHardinIL62047
Nearby investment properties with comparable rents
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
Rental property for sale in Hardin at 236 Gallinipper Rd, Hardin, IL, 62047 offers $978/mo rent that, after a $627/mo payment, leaves $91/mo cash flow. Total monthly income is $978/mo, and annual cash flow is $1,088/yr on $42,432 cash. Return on cash invested measures 22.47% in year one, and rental yield stands at 9.17% at a $128,000 entry. Equity gained on principal adds $826/yr while 5% annual appreciation compounds into $35,364 by year five. Five-year ROI records 117.59% and total cumulative return in cash reaches $49,895. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $978/mo property income versus a $627/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62047, Hardin, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 455 (100%) |
| Owner Occupied HU | 313 (68.8%) |
| Renter Occupied HU | 74 (16.3%) |
| Vacant Housing Units | 68 (14.9%) |
| Median Home Value | $172,917 |
| Average Home Value | $219,888 |
Housing Distribution
Address Breakdown
Residential
377
Single Family
358
Multi-Family
19
Businesses
69
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