506 Patterson DrFisherIL61843
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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
Rental property for sale in Fisher at 506 Patterson Dr, Fisher, IL, 61843 generates $2,719/mo in rent and, after a $1,640/mo payment, leaves $395/mo in cash flow. Total monthly income is $2,719/mo, and annual cash flow is $4,740/yr on $111,053 invested. Return on cash invested sits at 24.18% in year one, and rental yield is 9.74% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 126.76% and total cumulative return in cash sums $140,768. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,719/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
10,086 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61843, Fisher, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,108 (100%) |
| Owner Occupied HU | 855 (77.2%) |
| Renter Occupied HU | 176 (15.9%) |
| Vacant Housing Units | 77 ( 6.9%) |
| Median Home Value | $235,452 |
| Average Home Value | $259,327 |
Housing Distribution
Address Breakdown
Residential
851
Single Family
851
Multi-Family
0
Businesses
70
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