702 Harman StPleasant HillIL62366
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
Rental property for sale in Pleasant Hill at 702 Harman St, Pleasant Hill, IL, 62366 priced at $120,000 converts $957/mo rent into $125/mo cash flow after a $587/mo obligation. Total monthly income equals $957/mo, and annual cash flow totals $1,500/yr on $39,780 invested. Return on cash invested prints 23.68% in year one, and rental yield reads 9.57% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 124% and total cumulative return in cash sums $49,327. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $957/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62366, Pleasant Hill, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 633 (100%) |
| Owner Occupied HU | 419 (66.2%) |
| Renter Occupied HU | 112 (17.7%) |
| Vacant Housing Units | 102 (16.1%) |
| Median Home Value | $96,818 |
| Average Home Value | $132,351 |
Housing Distribution
Address Breakdown
Residential
326
Single Family
326
Multi-Family
0
Businesses
39
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jamie Mckinnon • Hometown Real Estate / Pioneer Land Company
Mls Name: My State MLS
Mls ID: #11535398