2992 158th AveSherrardIL61281
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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 Sherrard at 2992 158th Ave, Sherrard, IL, 61281 earns $387/mo cash flow from $2,656/mo rent with a $1,566/mo payment. Total monthly income totals $2,656/mo, and annual cash flow totals $4,640/yr on $106,080 capital. ROI tracks 24.28% on current figures, and rental yield reads 9.96% at a $320,000 purchase. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 over five years. Five-year ROI reaches 127.49% and total cumulative return in cash sums $135,243. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,656/mo property income instead of your personal income.
Single Family
Built in 1978
4 Acres lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61281, Sherrard, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,144 (100%) |
| Owner Occupied HU | 951 (83.1%) |
| Renter Occupied HU | 98 ( 8.6%) |
| Vacant Housing Units | 95 ( 8.3%) |
| Median Home Value | $222,949 |
| Average Home Value | $233,906 |
Housing Distribution
Address Breakdown
Residential
908
Single Family
908
Multi-Family
0
Businesses
38
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Listed by: Jennifer Johnston • Haven. Real Estate
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4256357
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.