703 Harrison StJerseyvilleIL62052
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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 Jerseyville at 703 Harrison St, Jerseyville, IL, 62052 listed at $149,900 pairs $1,185/mo rent with a $734/mo payment to leave $145/mo cash flow. Total monthly income runs $1,185/mo, and annual cash flow reaches $1,739/yr on $49,692 cash to close. Return on cash invested measures 23.41% in year one, and rental yield registers 9.49% at a $149,900 basis. Equity gained on principal adds $967/yr, and annual property appreciation at 5% supports $41,415 by year five. Five-year ROI tracks 122.58% and total cumulative return in cash totals $60,911. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,185/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1905
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62052, Jerseyville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,592 (100%) |
| Owner Occupied HU | 3,763 (67.3%) |
| Renter Occupied HU | 1,346 (24.1%) |
| Vacant Housing Units | 483 ( 8.6%) |
| Median Home Value | $183,858 |
| Average Home Value | $229,316 |
Housing Distribution
Address Breakdown
Residential
5,385
Single Family
5,192
Multi-Family
193
Businesses
420
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Listed by: Amanda Smith • Tarrant and Harman Real Estate and Auction Co
Mls Name: MARIS
Mls ID: #25060712