7151 W Blackjack RdHanoverIL61041
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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 Hanover at 7151 W Blackjack Rd, Hanover, IL, 61041 offers a 0% rental yield on a $365,000 purchase with $0/mo rent. 19% in year one. Equity gained on principal adds $2,355/yr while 5% annual appreciation supports $100,843 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,786/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61041, Hanover, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 815 (100%) |
| Owner Occupied HU | 457 (56.1%) |
| Renter Occupied HU | 171 (21.0%) |
| Vacant Housing Units | 187 (22.9%) |
| Median Home Value | $181,944 |
| Average Home Value | $315,175 |
Housing Distribution
Address Breakdown
Residential
429
Single Family
429
Multi-Family
0
Businesses
41
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