306 S Orange StHavanaIL62644
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 Havana at 306 S Orange St, Havana, IL, 62644 generates $1,373/mo in rent and, after a $587/mo payment, leaves $541/mo in cash flow. Total monthly income is $1,373/mo, and annual cash flow is $6,494/yr on $39,747 invested. Return on cash invested sits at 36.25% in year one, and rental yield is 13.74% on a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 191.56% and total cumulative return in cash sums $76,140. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,373/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
5,115 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62644, Havana, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,325 (100%) |
| Owner Occupied HU | 1,450 (62.4%) |
| Renter Occupied HU | 519 (22.3%) |
| Vacant Housing Units | 356 (15.3%) |
| Median Home Value | $110,860 |
| Average Home Value | $158,964 |
Housing Distribution
Address Breakdown
Residential
2,112
Single Family
2,076
Multi-Family
36
Businesses
229
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices