608 Harris StNormalIL61761
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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 Normal at 608 Harris St, Normal, IL, 61761 earns $127/mo cash flow from $1,375/mo rent with a $881/mo payment. Total monthly income totals $1,375/mo, and annual cash flow totals $1,520/yr on $59,637 capital. ROI tracks 22.46% on current figures, and rental yield reads 9.17% at a $179,900 purchase. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 over five years. Five-year ROI reaches 117.51% and total cumulative return in cash sums $70,077. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,375/mo property income instead of your personal income.
Single Family
Built in 1919
5,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61761, Normal, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,515 (100%) |
| Owner Occupied HU | 11,570 (51.4%) |
| Renter Occupied HU | 9,063 (40.3%) |
| Vacant Housing Units | 1,882 ( 8.4%) |
| Median Home Value | $219,589 |
| Average Home Value | $253,433 |
Housing Distribution
Address Breakdown
Residential
20,029
Single Family
15,967
Multi-Family
4,062
Businesses
1,059
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