308 W Dayton StTower HillIL62571
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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
Rental property for sale in Tower Hill at 308 W Dayton St, Tower Hill, IL, 62571 priced at $164,900 converts $0/mo rent into after a $807/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -5.2% in year one, and rental yield reads 0% against a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation compiles into $45,559 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $807/mo payment, not borrower’s personal income.
Single Family
Built in 1905
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62571, Tower Hill, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 595 (100%) |
| Owner Occupied HU | 472 (79.3%) |
| Renter Occupied HU | 59 ( 9.9%) |
| Vacant Housing Units | 64 (10.8%) |
| Median Home Value | $150,000 |
| Average Home Value | $194,190 |
Housing Distribution
Address Breakdown
Residential
468
Single Family
468
Multi-Family
0
Businesses
25
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Veronica McDonald • RE/MAX Professionals
Mls Name: CIBR
Mls ID: #6256110