501 Pine StHillsboroIL62049
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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 Hillsboro at 501 Pine St, Hillsboro, IL, 62049 listed at $359,900 pairs $1,754/mo rent with a $1,762/mo payment. Total monthly income runs $1,754/mo. Return on cash invested measures 12.44% in year one, and rental yield registers 5.85% at a $359,900 basis. Equity gained on principal adds $2,322/yr, and annual property appreciation at 5% supports $99,434 by year five. Five-year ROI tracks 63.79% and total cumulative return in cash totals $76,106. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,754/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1983
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62049, Hillsboro, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,921 (100%) |
| Owner Occupied HU | 1,914 (65.5%) |
| Renter Occupied HU | 608 (20.8%) |
| Vacant Housing Units | 399 (13.7%) |
| Median Home Value | $130,952 |
| Average Home Value | $170,388 |
Housing Distribution
Address Breakdown
Residential
2,672
Single Family
2,616
Multi-Family
56
Businesses
256
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