312 N Main StHarrisburgIL62946
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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
Investment property for sale in Harrisburg at 312 N Main St, Harrisburg, IL, 62946 at $120,000 posts ROI 31.22% with $375/mo cash flow from $1,207/mo rent. Total monthly income equals $1,207/mo, and annual cash flow records $4,500/yr on $39,780 to close. Return on cash invested measures 31.22% and rental yield reads 12.07% at the current $120,000. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 by year five. Five-year ROI prints 164.45% and total cumulative return in cash totals $65,419.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,207/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1920
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62946, Harrisburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,954 (100%) |
| Owner Occupied HU | 3,629 (61.0%) |
| Renter Occupied HU | 1,463 (24.6%) |
| Vacant Housing Units | 862 (14.5%) |
| Median Home Value | $126,021 |
| Average Home Value | $149,213 |
Housing Distribution
Address Breakdown
Residential
5,385
Single Family
5,143
Multi-Family
242
Businesses
575
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Listed by: Brooke Schimp • House 2 Home Realty Marion
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12537005