55 Indian Hills DrPutnamIL61560
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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 Putnam at 55 Indian Hills Dr, Putnam, IL, 61560 uses $71,273 cash to close to unlock $7,260/yr annual cash flow and $605/mo monthly cash flow. Total monthly income runs $2,131/mo, and a $1,052/mo payment keeps the spread at $605/mo. Purchase price stands at $215,000, and rental yield measures 11.89% with $2,131/mo rent. Return on cash invested shows 30.1% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 158.74% and total cumulative return in cash records $113,137. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,131/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.50 Acres lot
$N/A/sqft
$35 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61560, Putnam, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 696 (100%) |
| Owner Occupied HU | 334 (48.0%) |
| Renter Occupied HU | 44 ( 6.3%) |
| Vacant Housing Units | 318 (45.7%) |
| Median Home Value | $263,393 |
| Average Home Value | $277,605 |
Housing Distribution
Address Breakdown
Residential
367
Single Family
367
Multi-Family
0
Businesses
11
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