317 Trotter DrHamelIL62046
Nearby investment properties with comparable rents
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 Hamel at 317 Trotter Dr, Hamel, IL, 62046 earns from $1,440/mo rent with a $1,894/mo payment. Total monthly income totals $1,440/mo. ROI tracks 8.27% on current figures, and rental yield reads 4.47% at a $387,000 purchase. Equity gained on principal adds $2,497/yr, and 5% annual appreciation supports $106,921 over five years. Five-year ROI reaches 41.41% and total cumulative return in cash sums $53,126. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,440/mo property income instead of your personal income.
Single Family
Built in 2006
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62046, Hamel, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 400 (100%) |
| Owner Occupied HU | 324 (81.0%) |
| Renter Occupied HU | 53 (13.2%) |
| Vacant Housing Units | 23 ( 5.7%) |
| Median Home Value | $256,667 |
| Average Home Value | $253,958 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
55
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Listed by: Ashley Crays • Coldwell Banker Brown Realtors
Mls Name: MARIS
Mls Provider:
Mls ID: #24053581
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