702 N Division StHarvardIL60033
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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 Harvard at 702 N Division St, Harvard, IL, 60033 listed at $224,000 pairs $1,609/mo rent with a $1,096/mo payment to leave $56/mo cash flow. Total monthly income runs $1,609/mo, and annual cash flow reaches $668/yr on $74,256 cash to close. Return on cash invested measures 20.81% in year one, and rental yield registers 8.62% at a $224,000 basis. Equity gained on principal adds $1,445/yr, and annual property appreciation at 5% supports $61,887 by year five. Five-year ROI tracks 108.66% and total cumulative return in cash totals $80,683. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,609/mo property income relative to a $1,096/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1921
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60033, Harvard, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,189 (100%) |
| Owner Occupied HU | 3,315 (63.9%) |
| Renter Occupied HU | 1,551 (29.9%) |
| Vacant Housing Units | 323 ( 6.2%) |
| Median Home Value | $243,968 |
| Average Home Value | $284,540 |
Housing Distribution
Address Breakdown
Residential
4,948
Single Family
4,485
Multi-Family
463
Businesses
429
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