700 N Elbert CtHanna CityIL61536
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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 Hanna City at 700 N Elbert Ct, Hanna City, IL, 61536 earns $137/mo cash flow from $1,003/mo rent with a $611/mo payment. Total monthly income totals $1,003/mo, and annual cash flow totals $1,647/yr on $41,361 capital. ROI tracks 23.89% on current figures, and rental yield reads 9.65% at a $124,770 purchase. Equity gained on principal adds $805/yr, and 5% annual appreciation supports $34,472 over five years. Five-year ROI reaches 125.26% and total cumulative return in cash sums $51,809. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,003/mo property income instead of your personal income.
Single Family
Built in 1957
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61536, Hanna City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,380 (100%) |
| Owner Occupied HU | 1,093 (79.2%) |
| Renter Occupied HU | 196 (14.2%) |
| Vacant Housing Units | 91 ( 6.6%) |
| Median Home Value | $217,940 |
| Average Home Value | $251,882 |
Housing Distribution
Address Breakdown
Residential
1,162
Single Family
1,110
Multi-Family
52
Businesses
52
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Listed by: Lori R Strode • Keller Williams Revolution
Mls Name: RMLS Alliance
Mls ID: #PA1260764