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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Herscher at 532 E 2nd St, Herscher, IL, 60941 listed at $294,900 pairs $1,968/mo rent with a $1,443/mo payment. Total monthly income runs $1,968/mo. Return on cash invested measures 18.96% in year one, and rental yield registers 8.01% at a $294,900 basis. Equity gained on principal adds $1,903/yr, and annual property appreciation at 5% supports $81,475 by year five. Five-year ROI tracks 98.73% and total cumulative return in cash totals $96,523. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,968/mo property income relative to a $1,443/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1991
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 60941, Herscher, IL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 825 (100%) |
| Owner Occupied HU | 604 (73.2%) |
| Renter Occupied HU | 161 (19.5%) |
| Vacant Housing Units | 60 ( 7.3%) |
| Median Home Value | $242,991 |
| Average Home Value | $273,357 |
Residential
605
Single Family
564
Multi-Family
41
Businesses
77
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Lisa Scanlon • McColly Rosenboom - B
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12407782
