6 Harness LnPesotumIL61863
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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
Rental property for sale in Pesotum at 6 Harness Ln, Pesotum, IL, 61863 priced at $198,900 pairs $0/mo rent with after a $974/mo payment. Total monthly income equals $0/mo. Return on cash invested is -5.21% in year one, and rental yield stands at 0% on a $198,900 basis. Equity gained on principal adds $1,283/yr, and 5% annual appreciation accumulates to $54,952 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $974/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61863, Pesotum, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 362 (100%) |
| Owner Occupied HU | 312 (86.2%) |
| Renter Occupied HU | 26 ( 7.2%) |
| Vacant Housing Units | 24 ( 6.6%) |
| Median Home Value | $219,481 |
| Average Home Value | $231,418 |
Housing Distribution
Address Breakdown
Residential
299
Single Family
299
Multi-Family
0
Businesses
9
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No similar rental properties found nearby.
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