307 N 2nd StHartsburgIL62643
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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 Hartsburg at 307 N 2nd St, Hartsburg, IL, 62643 earns $981/mo cash flow from $1,987/mo rent with a $710/mo payment. Total monthly income totals $1,987/mo, and annual cash flow totals $11,771/yr on $48,068 capital. ROI tracks 44.4% on current figures, and rental yield reads 16.44% at a $145,000 purchase. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 over five years. Five-year ROI reaches 235.16% and total cumulative return in cash sums $113,036. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,987/mo property income instead of your personal income.
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
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Listed by: Seth A Goodman • ME Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1031583
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.