302 Harrison StJerseyvilleIL62052
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Jerseyville at 302 Harrison St, Jerseyville, IL, 62052 priced at $139,900 pairs $1,098/mo rent with $127/mo cash flow after a $685/mo payment. Total monthly income equals $1,098/mo, and annual cash flow comes to $1,528/yr on $46,377 invested. Return on cash invested is 23.2% in year one, and rental yield stands at 9.42% on a $139,900 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,652 by year five. Five-year ROI measures 121.54% and total cumulative return in cash reaches $56,367. For financing, Ziffy Mortgage’s DSCR program evaluates $1,098/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
5,702 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62052, Jerseyville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,592 (100%) |
| Owner Occupied HU | 3,763 (67.3%) |
| Renter Occupied HU | 1,346 (24.1%) |
| Vacant Housing Units | 483 ( 8.6%) |
| Median Home Value | $183,858 |
| Average Home Value | $229,316 |
Housing Distribution
Address Breakdown
Residential
5,385
Single Family
5,192
Multi-Family
193
Businesses
420
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert D Doody • Tarrant and Harman Real Estate and Auction Co
Mls Name: MARIS
Mls ID: #25064149