317 Park DrHamiltonIL62341
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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 Hamilton at 317 Park Dr, Hamilton, IL, 62341 offers a 5.32% rental yield on a $142,000 purchase with $630/mo rent. 86% in year one. Equity gained on principal adds $916/yr while 5% annual appreciation supports $39,232 over five years. Portfolio math shows five-year ROI at 55.4% and total cumulative return in cash at $26,078. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $630/mo property income against a $695/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62341, Hamilton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,597 (100%) |
| Owner Occupied HU | 1,155 (72.3%) |
| Renter Occupied HU | 275 (17.2%) |
| Vacant Housing Units | 167 (10.5%) |
| Median Home Value | $121,282 |
| Average Home Value | $154,574 |
Housing Distribution
Address Breakdown
Residential
1,480
Single Family
1,471
Multi-Family
9
Businesses
109
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Listed by: Janice Filkins • The People's Real Estate
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6318287
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