303 S Harris StDelavanIL61734
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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 Delavan at 303 S Harris St, Delavan, IL, 61734 with 5% annual appreciation on a $225,800 basis while $2,539/mo rent supports operations. Total monthly income totals $2,539/mo and a $1,105/mo payment preserves $973/mo for cash returns. Annual cash flow comes to $11,676/yr on $74,853 deployed, and return on cash invested reaches 35.51% in year one. Equity gained on principal adds $1,457/yr, and five-year appreciation sums $62,384 alongside rental yield of 13.49%. Five-year ROI measures 187.47% and total cumulative return in cash totals $140,324.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,539/mo property income versus a $1,105/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1936
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61734, Delavan, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,180 (100%) |
| Owner Occupied HU | 885 (75.0%) |
| Renter Occupied HU | 185 (15.7%) |
| Vacant Housing Units | 110 ( 9.3%) |
| Median Home Value | $172,329 |
| Average Home Value | $199,186 |
Housing Distribution
Address Breakdown
Residential
885
Single Family
869
Multi-Family
16
Businesses
56
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