600 S Hadfield StMarionIL62959
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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 Marion at 600 S Hadfield St, Marion, IL, 62959 with 5% annual appreciation on a $130,600 basis while $993/mo rent supports operations. Total monthly income totals $993/mo and a $639/mo payment preserves $87/mo for cash returns. Annual cash flow comes to $1,048/yr on $43,294 deployed, and return on cash invested reaches 22.33% in year one. Equity gained on principal adds $843/yr, and five-year appreciation sums $36,082 alongside rental yield of 9.12%. Five-year ROI measures 116.88% and total cumulative return in cash totals $50,603.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $993/mo property income versus a $639/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62959, Marion, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,389 (100%) |
| Owner Occupied HU | 7,893 (59.0%) |
| Renter Occupied HU | 3,743 (28.0%) |
| Vacant Housing Units | 1,753 (13.1%) |
| Median Home Value | $204,838 |
| Average Home Value | $249,602 |
Housing Distribution
Address Breakdown
Residential
12,303
Single Family
11,733
Multi-Family
570
Businesses
1,347
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