2416 N Cobble Creek CtHanna CityIL61536
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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 Hanna City at 2416 N Cobble Creek Ct, Hanna City, IL, 61536 listed at $485,000 pairs $5,434/mo rent with a $2,374/mo payment to leave $1,997/mo cash flow. Total monthly income runs $5,434/mo, and annual cash flow reaches $23,964/yr on $160,778 cash to close. Return on cash invested measures 34.81% in year one, and rental yield registers 13.44% at a $485,000 basis. Equity gained on principal adds $3,130/yr, and annual property appreciation at 5% supports $133,997 by year five. Five-year ROI tracks 183.97% and total cumulative return in cash totals $295,790. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,434/mo property income relative to a $2,374/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
1.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61536, Hanna City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,380 (100%) |
| Owner Occupied HU | 1,093 (79.2%) |
| Renter Occupied HU | 196 (14.2%) |
| Vacant Housing Units | 91 ( 6.6%) |
| Median Home Value | $217,940 |
| Average Home Value | $251,882 |
Housing Distribution
Address Breakdown
Residential
1,162
Single Family
1,110
Multi-Family
52
Businesses
52
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Listed by: Wendy S Kolbus • RE/MAX Traders Unlimited
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1253212
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.