630 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 630 Hillandale Dr, Morrison, IL, 61270 offers $2,108/mo rent that, after a $1,101/mo payment, leaves $548/mo cash flow. Total monthly income is $2,108/mo, and annual cash flow is $6,571/yr on $74,588 cash. Return on cash invested measures 28.72% in year one, and rental yield stands at 11.24% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 151.08% and total cumulative return in cash reaches $112,689. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,108/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.60 Acres 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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