407 Harpers FerrySavoyIL61874
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
Rental property for sale in Savoy at 407 Harpers Ferry, Savoy, IL, 61874 generates $3,617/mo in rent and, after a $2,398/mo payment, leaves $219/mo in cash flow. Total monthly income is $3,617/mo, and annual cash flow is $2,623/yr on $162,435 invested. Return on cash invested sits at 21.52% in year one, and rental yield is 8.86% on a $490,000 entry. Equity gained on principal adds $3,162/yr, while 5% annual appreciation builds toward $135,378 over five years. Five-year ROI reaches 112.49% and total cumulative return in cash sums $182,724. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,617/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
8,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61874, Savoy, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,062 (100%) |
| Owner Occupied HU | 2,177 (53.6%) |
| Renter Occupied HU | 1,560 (38.4%) |
| Vacant Housing Units | 325 ( 8.0%) |
| Median Home Value | $303,480 |
| Average Home Value | $315,244 |
Housing Distribution
Address Breakdown
Residential
4,176
Single Family
3,105
Multi-Family
1,071
Businesses
296
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices