402 2nd Ave SHillsdaleIL61257
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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 Hillsdale at 402 2nd Ave S, Hillsdale, IL, 61257 listed at $174,900 pairs $954/mo rent with a $856/mo payment. Total monthly income runs $954/mo. Return on cash invested measures 14.55% in year one, and rental yield registers 6.55% at a $174,900 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,322 by year five. Five-year ROI tracks 75.07% and total cumulative return in cash totals $43,524. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $954/mo property income relative to a $856/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61257, Hillsdale, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 499 (100%) |
| Owner Occupied HU | 366 (73.3%) |
| Renter Occupied HU | 50 (10.0%) |
| Vacant Housing Units | 83 (16.6%) |
| Median Home Value | $121,212 |
| Average Home Value | $180,239 |
Housing Distribution
Address Breakdown
Residential
442
Single Family
442
Multi-Family
0
Businesses
22
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