307 N 2nd StHartsburgIL62643
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow307 N 2nd St, Hartsburg, IL, 62643 in Hartsburg earns its strong cash-flow label: 16.45% yield, $1,987/mo rent, $981/mo net income, DSCR 3.05. The $145,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $40,061 by year five. Combined with $1,335/yr in principal paydown, total projected return reaches $118,606.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16.5% | 6.0% |
| Monthly Cash Flow | $981 | $400 |
City averages based on Hartsburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,987 |
| Total Monthly Debt Service | $948 |
| DSCR Ratio | 2.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1902
9,760 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62643, Hartsburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 220 (100%) |
| Owner Occupied HU | 160 (72.7%) |
| Renter Occupied HU | 34 (15.5%) |
| Vacant Housing Units | 26 (11.8%) |
| Median Home Value | $159,259 |
| Average Home Value | $176,281 |
Housing Distribution
Address Breakdown
Residential
115
Single Family
115
Multi-Family
0
Businesses
12
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
Single Family
Built in 1902
9,760 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62643, Hartsburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 220 (100%) |
| Owner Occupied HU | 160 (72.7%) |
| Renter Occupied HU | 34 (15.5%) |
| Vacant Housing Units | 26 (11.8%) |
| Median Home Value | $159,259 |
| Average Home Value | $176,281 |
Housing Distribution
Address Breakdown
Residential
115
Single Family
115
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices