312 N Main StHanna CityIL61536
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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 Hanna City at 312 N Main St, Hanna City, IL, 61536 generates $947/mo in rent and, after a $587/mo payment, leaves $115/mo in cash flow. Total monthly income is $947/mo, and annual cash flow is $1,380/yr on $39,780 invested. Return on cash invested sits at 23.38% in year one, and rental yield is 9.47% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 122.4% and total cumulative return in cash sums $48,691. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $947/mo property income rather than buyer’s personal income.
Single Family
Built in 1915
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61536, Hanna City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,380 (100%) |
| Owner Occupied HU | 1,093 (79.2%) |
| Renter Occupied HU | 196 (14.2%) |
| Vacant Housing Units | 91 ( 6.6%) |
| Median Home Value | $217,940 |
| Average Home Value | $251,882 |
Housing Distribution
Address Breakdown
Residential
1,162
Single Family
1,110
Multi-Family
52
Businesses
52
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Listed by: Stephen Schauble • The Royal Realty Company Illin
Mls Name: RMLS Alliance
Mls ID: #PA1263051