324 W Harris StPetersburgIL62675
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play324 W Harris St, Petersburg, IL, 62675 in Petersburg is priced for appreciation, not yield. Rental yield 0%. At $139,900 with a 0% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $38,652 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.00) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.5% |
| Monthly Cash Flow | $0 | $500 |
City averages based on Petersburg market data in our database. Property projections are estimates.
Single Family
Built in 2013
10,788 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62675, Petersburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,857 (100%) |
| Owner Occupied HU | 2,017 (70.6%) |
| Renter Occupied HU | 529 (18.5%) |
| Vacant Housing Units | 311 (10.9%) |
| Median Home Value | $201,480 |
| Average Home Value | $254,399 |
Housing Distribution
Address Breakdown
Residential
2,692
Single Family
2,597
Multi-Family
95
Businesses
197
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 2013
10,788 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62675, Petersburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,857 (100%) |
| Owner Occupied HU | 2,017 (70.6%) |
| Renter Occupied HU | 529 (18.5%) |
| Vacant Housing Units | 311 (10.9%) |
| Median Home Value | $201,480 |
| Average Home Value | $254,399 |
Housing Distribution
Address Breakdown
Residential
2,692
Single Family
2,597
Multi-Family
95
Businesses
197
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: RMLS Alliance as distributed by MLS GRID
Mls ID: #CA1042611