471 N 9th StHamiltonIL62341
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
Investment property for sale in Hamilton at 471 N 9th St, Hamilton, IL, 62341 listed at $162,000 pairs $630/mo rent with a $793/mo payment. Total monthly income runs $630/mo. Return on cash invested measures 8.88% in year one, and rental yield registers 4.67% at a $162,000 basis. Equity gained on principal adds $1,045/yr, and annual property appreciation at 5% supports $44,758 by year five. Five-year ROI tracks 44.72% and total cumulative return in cash totals $24,017. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $630/mo property income relative to a $793/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1938
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62341, Hamilton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,597 (100%) |
| Owner Occupied HU | 1,155 (72.3%) |
| Renter Occupied HU | 275 (17.2%) |
| Vacant Housing Units | 167 (10.5%) |
| Median Home Value | $121,282 |
| Average Home Value | $154,574 |
Housing Distribution
Address Breakdown
Residential
1,480
Single Family
1,471
Multi-Family
9
Businesses
109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Janice Filkins • The People's Real Estate
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6327980
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.