720 Hickory StGeneseoIL61254
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 Geneseo at 720 Hickory St, Geneseo, IL, 61254 offers $2,658/mo rent that, after a $1,950/mo payment. Total monthly income is $2,658/mo. Return on cash invested measures 18.95% in year one, and rental yield stands at 8% at a $398,500 entry. Equity gained on principal adds $2,571/yr while 5% annual appreciation compounds into $110,098 by year five. Five-year ROI records 98.69% and total cumulative return in cash reaches $130,369. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,658/mo property income versus a $1,950/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61254, Geneseo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,167 (100%) |
| Owner Occupied HU | 3,911 (75.7%) |
| Renter Occupied HU | 878 (17.0%) |
| Vacant Housing Units | 378 ( 7.3%) |
| Median Home Value | $226,871 |
| Average Home Value | $250,255 |
Housing Distribution
Address Breakdown
Residential
5,015
Single Family
4,696
Multi-Family
319
Businesses
408
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices