5940 Hibbard RdMaconIL62544
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 Macon at 5940 Hibbard Rd, Macon, IL, 62544 at $280,000 posts ROI 21.36% with $112/mo cash flow from $2,054/mo rent. Total monthly income equals $2,054/mo, and annual cash flow records $1,348/yr on $92,820 to close. Return on cash invested measures 21.36% and rental yield reads 8.8% at the current $280,000. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 by year five. Five-year ROI prints 111.63% and total cumulative return in cash totals $103,617.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,054/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
2.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62544, Macon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 749 (100%) |
| Owner Occupied HU | 590 (78.8%) |
| Renter Occupied HU | 107 (14.3%) |
| Vacant Housing Units | 52 ( 6.9%) |
| Median Home Value | $170,098 |
| Average Home Value | $201,924 |
Housing Distribution
Address Breakdown
Residential
618
Single Family
618
Multi-Family
0
Businesses
45
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