507 Taylor StHerrinIL62933
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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 Herrin at 507 Taylor St, Herrin, IL, 62933 offers $1,858/mo rent that, after a $1,713/mo payment. Total monthly income is $1,858/mo. Return on cash invested measures 14.02% in year one, and rental yield stands at 6.37% at a $349,900 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,671 by year five. Five-year ROI records 72.24% and total cumulative return in cash reaches $83,790. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,858/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
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Listed by: Stevie Rae • House 2 Home Realty Marion
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4258338
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