631 Crabapple LnShermanIL62684
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 Sherman at 631 Crabapple Ln, Sherman, IL, 62684 at $379,900 posts ROI 24.84% with $517/mo cash flow from $3,152/mo rent. Total monthly income equals $3,152/mo, and annual cash flow records $6,208/yr on $125,937 to close. Return on cash invested measures 24.84% and rental yield reads 9.96% at the current $379,900. Equity gained on principal adds $2,451/yr, and 5% annual appreciation supports $104,959 by year five. Five-year ROI prints 130.28% and total cumulative return in cash totals $164,069.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,152/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62684, Sherman, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,030 (100%) |
| Owner Occupied HU | 1,745 (86.0%) |
| Renter Occupied HU | 195 ( 9.6%) |
| Vacant Housing Units | 90 ( 4.4%) |
| Median Home Value | $308,183 |
| Average Home Value | $349,736 |
Housing Distribution
Address Breakdown
Residential
2,080
Single Family
2,080
Multi-Family
0
Businesses
109
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