3399 Heser RdIukaIL62849
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 Iuka at 3399 Heser Rd, Iuka, IL, 62849 offers a 11.27% rental yield on a $329,900 purchase with $3,097/mo rent. Total monthly income registers $3,097/mo, and a $1,615/mo payment leaves $808/mo available for distribution. Annual cash flow reaches $9,701/yr on $109,362 to close, and return on cash invested stands at 28.78% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,145 over five years. Portfolio math shows five-year ROI at 151.42% and total cumulative return in cash at $165,591. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,097/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62849, Iuka, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 920 (100%) |
| Owner Occupied HU | 755 (82.1%) |
| Renter Occupied HU | 85 ( 9.2%) |
| Vacant Housing Units | 80 ( 8.7%) |
| Median Home Value | $122,782 |
| Average Home Value | $169,924 |
Housing Distribution
Address Breakdown
Residential
836
Single Family
836
Multi-Family
0
Businesses
28
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