521 S 5th StHerrinIL62948
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Herrin at 521 S 5th St, Herrin, IL, 62948 at $174,500 posts ROI 22.04% with $103/mo cash flow from $1,313/mo rent. Total monthly income equals $1,313/mo, and annual cash flow records $1,233/yr on $57,847 to close. Return on cash invested measures 22.04% and rental yield reads 9.03% at the current $174,500. Equity gained on principal adds $1,126/yr, and 5% annual appreciation supports $48,211 by year five. Five-year ROI prints 115.29% and total cumulative return in cash totals $66,690.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,313/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62948, Herrin, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,114 (100%) |
| Owner Occupied HU | 3,554 (58.1%) |
| Renter Occupied HU | 1,805 (29.5%) |
| Vacant Housing Units | 755 (12.3%) |
| Median Home Value | $133,249 |
| Average Home Value | $159,634 |
Housing Distribution
Address Breakdown
Residential
5,750
Single Family
5,552
Multi-Family
198
Businesses
433
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Listed by: Melanie J Colombo • C21 House of Realty, INC.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB458974
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.