2758 County Road 1100 NHomerIL61849
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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 Homer at 2758 County Road 1100 N, Homer, IL, 61849 earns from $2,441/mo rent with a $2,388/mo payment. Total monthly income totals $2,441/mo. ROI tracks 12.91% on current figures, and rental yield reads 6% at a $487,900 purchase. Equity gained on principal adds $3,148/yr, and 5% annual appreciation supports $134,798 over five years. Five-year ROI reaches 66.29% and total cumulative return in cash sums $107,209. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,441/mo property income instead of your personal income.
Single Family
Built in 1978
6.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61849, Homer, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 805 (100%) |
| Owner Occupied HU | 643 (79.9%) |
| Renter Occupied HU | 104 (12.9%) |
| Vacant Housing Units | 58 ( 7.2%) |
| Median Home Value | $235,870 |
| Average Home Value | $254,393 |
Housing Distribution
Address Breakdown
Residential
749
Single Family
749
Multi-Family
0
Businesses
54
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