2813 Hoffman StPlanoIL60545
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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 Plano at 2813 Hoffman St, Plano, IL, 60545 uses $75,416 cash to close to unlock $2,598/yr annual cash flow and $217/mo monthly cash flow. Total monthly income runs $1,794/mo, and a $1,114/mo payment keeps the spread at $217/mo. Purchase price stands at $227,500, and rental yield measures 9.46% with $1,794/mo rent. Return on cash invested shows 23.35% in year one, and 5% annual appreciation builds toward $62,854 over five years. Five-year ROI reaches 122.33% and total cumulative return in cash records $92,258. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,794/mo property income covering a $1,114/mo payment rather than investor’s personal income.
Multi Family
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60545, Plano, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,076 (100%) |
| Owner Occupied HU | 3,807 (75.0%) |
| Renter Occupied HU | 1,100 (21.7%) |
| Vacant Housing Units | 169 ( 3.3%) |
| Median Home Value | $254,444 |
| Average Home Value | $292,603 |
Housing Distribution
Address Breakdown
Residential
4,996
Single Family
4,837
Multi-Family
159
Businesses
290
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