620 Hillandale DrMorrisonIL61270
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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 Morrison at 620 Hillandale Dr, Morrison, IL, 61270 priced at $120,000 pairs $909/mo rent with $77/mo cash flow after a $587/mo payment. Total monthly income equals $909/mo, and annual cash flow comes to $924/yr on $39,780 invested. Return on cash invested is 22.23% in year one, and rental yield stands at 9.09% on a $120,000 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,154 by year five. Five-year ROI measures 116.28% and total cumulative return in cash reaches $46,255. For financing, Ziffy Mortgage’s DSCR program evaluates $909/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61270, Morrison, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,183 (100%) |
| Owner Occupied HU | 2,370 (74.5%) |
| Renter Occupied HU | 493 (15.5%) |
| Vacant Housing Units | 320 (10.1%) |
| Median Home Value | $172,945 |
| Average Home Value | $213,998 |
Housing Distribution
Address Breakdown
Residential
3,005
Single Family
2,947
Multi-Family
58
Businesses
223
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