3422 Hagaman RdGreenfieldIL62044
INVESTMENT ANALYSIS
Investment Verdict
Solid Income3422 Hagaman Rd, Greenfield, IL, 62044 in Greenfield earns a respectable 8.86% gross yield at $185,000, but after the $832/mo mortgage the net cash flow is $82/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.64) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $51,112 over five years, making equity the dominant return driver. Total projected return: $76,121.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 7.0% |
| Monthly Cash Flow | $82 | $500 |
City averages based on Greenfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,366 |
| Total Monthly Debt Service | $1,210 |
| DSCR Ratio | 1.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
27.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62044, Greenfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 815 (100%) |
| Owner Occupied HU | 556 (68.2%) |
| Renter Occupied HU | 173 (21.2%) |
| Vacant Housing Units | 86 (10.6%) |
| Median Home Value | $155,000 |
| Average Home Value | $228,817 |
Housing Distribution
Address Breakdown
Residential
792
Single Family
792
Multi-Family
0
Businesses
62
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
Single Family
Built in N/A
27.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62044, Greenfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 815 (100%) |
| Owner Occupied HU | 556 (68.2%) |
| Renter Occupied HU | 173 (21.2%) |
| Vacant Housing Units | 86 (10.6%) |
| Median Home Value | $155,000 |
| Average Home Value | $228,817 |
Housing Distribution
Address Breakdown
Residential
792
Single Family
792
Multi-Family
0
Businesses
62
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ryan Bland • Tarrant and Harman Real Estate and Auction Co
Mls Name: MARIS
Mls ID: #25066409