601 E Penn StHoopestonIL60942
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 Hoopeston at 601 E Penn St, Hoopeston, IL, 60942 at $149,000 posts ROI 19.59% with from $1,020/mo rent. Total monthly income equals $1,020/mo. Return on cash invested measures 19.59% and rental yield reads 8.21% at the current $149,000. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 by year five. Five-year ROI prints 102.12% and total cumulative return in cash totals $50,440. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,020/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60942, Hoopeston, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,711 (100%) |
| Owner Occupied HU | 1,657 (61.1%) |
| Renter Occupied HU | 720 (26.6%) |
| Vacant Housing Units | 334 (12.3%) |
| Median Home Value | $79,844 |
| Average Home Value | $120,211 |
Housing Distribution
Address Breakdown
Residential
2,538
Single Family
2,334
Multi-Family
204
Businesses
184
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