4653 Hans LnMachesney ParkIL61115
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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 Machesney Park at 4653 Hans Ln, Machesney Park, IL, 61115 offers a 9.28% rental yield on a $248,500 purchase with $1,922/mo rent. Total monthly income registers $1,922/mo, and a $1,216/mo payment leaves $199/mo available for distribution. Annual cash flow reaches $2,384/yr on $82,378 to close, and return on cash invested stands at 22.8% in year one. Equity gained on principal adds $1,604/yr while 5% annual appreciation supports $68,656 over five years. Portfolio math shows five-year ROI at 119.36% and total cumulative return in cash at $98,323. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,922/mo property income against a $1,216/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61115, Machesney Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,397 (100%) |
| Owner Occupied HU | 6,792 (72.3%) |
| Renter Occupied HU | 2,091 (22.3%) |
| Vacant Housing Units | 514 ( 5.5%) |
| Median Home Value | $183,819 |
| Average Home Value | $195,776 |
Housing Distribution
Address Breakdown
Residential
9,345
Single Family
9,157
Multi-Family
188
Businesses
534
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Listed by: Gil Bleidorn • RE/MAX Property Source
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12426062