622 Patricia LnHenryIL61537
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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 Henry at 622 Patricia Ln, Henry, IL, 61537 earns $866/mo cash flow from $2,004/mo rent with a $803/mo payment. Total monthly income totals $2,004/mo, and annual cash flow totals $10,394/yr on $54,366 capital. ROI tracks 39.03% on current figures, and rental yield reads 14.66% at a $164,000 purchase. Equity gained on principal adds $1,058/yr, and 5% annual appreciation supports $45,310 over five years. Five-year ROI reaches 206.44% and total cumulative return in cash sums $112,233. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,004/mo property income instead of your personal income.
Single Family
Built in 1992
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61537, Henry, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,345 (100%) |
| Owner Occupied HU | 961 (71.4%) |
| Renter Occupied HU | 273 (20.3%) |
| Vacant Housing Units | 111 ( 8.3%) |
| Median Home Value | $139,145 |
| Average Home Value | $178,174 |
Housing Distribution
Address Breakdown
Residential
1,196
Single Family
1,133
Multi-Family
63
Businesses
109
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Listed by: Adam J Merrick • Adam Merrick Real Estate
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1254569
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.