708 Main StHenryIL61537
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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 Henry at 708 Main St, Henry, IL, 61537 with 5% annual appreciation on a $104,999 basis while $913/mo rent supports operations. Total monthly income totals $913/mo and a $514/mo payment preserves $185/mo for cash returns. Annual cash flow comes to $2,216/yr on $34,807 deployed, and return on cash invested reaches 26.27% in year one. Equity gained on principal adds $678/yr, and five-year appreciation sums $29,009 alongside rental yield of 10.43%. Five-year ROI measures 138.01% and total cumulative return in cash totals $48,037.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $913/mo property income versus a $514/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1923
9,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61537, Henry, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,345 (100%) |
| Owner Occupied HU | 961 (71.4%) |
| Renter Occupied HU | 273 (20.3%) |
| Vacant Housing Units | 111 ( 8.3%) |
| Median Home Value | $139,145 |
| Average Home Value | $178,174 |
Housing Distribution
Address Breakdown
Residential
1,196
Single Family
1,133
Multi-Family
63
Businesses
109
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