3006 E County Road 2500La HarpeIL61450
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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 La Harpe at 3006 E County Road 2500, La Harpe, IL, 61450 offers a 3.21% rental yield on a $600,000 purchase with $1,607/mo rent. 53% in year one. Equity gained on principal adds $3,872/yr while 5% annual appreciation supports $165,769 over five years. Portfolio math shows five-year ROI at 21.31% and total cumulative return in cash at $42,060. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,607/mo property income against a $2,937/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
62.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61450, La Harpe, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 737 (100%) |
| Owner Occupied HU | 559 (75.8%) |
| Renter Occupied HU | 92 (12.5%) |
| Vacant Housing Units | 86 (11.7%) |
| Median Home Value | $106,094 |
| Average Home Value | $158,081 |
Housing Distribution
Address Breakdown
Residential
480
Single Family
480
Multi-Family
0
Businesses
58
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