519 N Lakeshore DrHanna CityIL61536
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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 Hanna City at 519 N Lakeshore Dr, Hanna City, IL, 61536 earns $126/mo cash flow from $1,238/mo rent with a $783/mo payment. Total monthly income totals $1,238/mo, and annual cash flow totals $1,507/yr on $53,007 capital. ROI tracks 22.75% on current figures, and rental yield reads 9.29% at a $159,900 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 over five years. Five-year ROI reaches 119.14% and total cumulative return in cash sums $63,150. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,238/mo property income instead of your personal income.
Single Family
Built in 1958
0.27 Acres lot
$N/A/sqft
$35 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61536, Hanna City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,380 (100%) |
| Owner Occupied HU | 1,093 (79.2%) |
| Renter Occupied HU | 196 (14.2%) |
| Vacant Housing Units | 91 ( 6.6%) |
| Median Home Value | $217,940 |
| Average Home Value | $251,882 |
Housing Distribution
Address Breakdown
Residential
1,162
Single Family
1,110
Multi-Family
52
Businesses
52
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Listed by: Jessica Ball • RE/MAX Traders Unlimited
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1256198
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.