513 Harrison DrMechanicsburgIL62545
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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 Mechanicsburg at 513 Harrison Dr, Mechanicsburg, IL, 62545 generates $2,743/mo in rent and, after a $1,395/mo payment, leaves $766/mo in cash flow. Total monthly income is $2,743/mo, and annual cash flow is $9,193/yr on $94,478 invested. Return on cash invested sits at 29.64% in year one, and rental yield is 11.55% on a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 156.04% and total cumulative return in cash sums $147,426. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,743/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
10,080 sqft lot
$N/A/sqft
No HOA
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Listed by: Cindy E Grady • The Real Estate Group, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1038770
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.