301 N Main StHerscherIL60941
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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
Rental property for sale in Herscher at 301 N Main St, Herscher, IL, 60941 priced at $209,900 pairs $0/mo rent with after a $1,027/mo payment. Total monthly income equals $0/mo. Return on cash invested is -5.19% in year one, and rental yield stands at 0% on a $209,900 basis. Equity gained on principal adds $1,354/yr, and 5% annual appreciation accumulates to $57,992 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $1,027/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1928
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60941, Herscher, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 825 (100%) |
| Owner Occupied HU | 604 (73.2%) |
| Renter Occupied HU | 161 (19.5%) |
| Vacant Housing Units | 60 ( 7.3%) |
| Median Home Value | $242,991 |
| Average Home Value | $273,357 |
Housing Distribution
Address Breakdown
Residential
605
Single Family
564
Multi-Family
41
Businesses
77
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No similar rental properties found nearby.
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