45 Faith DrHighlandIL62249
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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 Highland at 45 Faith Dr, Highland, IL, 62249 with 5% annual appreciation on a $255,204 basis while $1,870/mo rent supports operations. Total monthly income totals $1,870/mo and a $1,249/mo payment preserves $100/mo for cash returns. Annual cash flow comes to $1,200/yr on $84,600 deployed, and return on cash invested reaches 21.33% in year one. Equity gained on principal adds $1,647/yr, and five-year appreciation sums $70,508 alongside rental yield of 8.79%. Five-year ROI measures 111.4% and total cumulative return in cash totals $94,248.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,870/mo property income versus a $1,249/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2000
2.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62249, Highland, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,148 (100%) |
| Owner Occupied HU | 5,271 (73.7%) |
| Renter Occupied HU | 1,472 (20.6%) |
| Vacant Housing Units | 405 ( 5.7%) |
| Median Home Value | $264,878 |
| Average Home Value | $300,071 |
Housing Distribution
Address Breakdown
Residential
6,867
Single Family
6,539
Multi-Family
328
Businesses
511
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