25 McDermott RdHarrisburgIL62946
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 Harrisburg at 25 McDermott Rd, Harrisburg, IL, 62946 priced at $159,900 converts $2,731/mo rent into $1,622/mo cash flow after a $783/mo obligation. Total monthly income equals $2,731/mo, and annual cash flow totals $19,458/yr on $53,007 invested. Return on cash invested prints 56.62% in year one, and rental yield reads 20.5% against a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,177 by year five. Five-year ROI reaches 300.74% and total cumulative return in cash sums $159,414. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,731/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in 2009
0.75 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy Munsell • All In One Real Estate Company
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB453654
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.