7307 Hickory RdVirginiaIL62691
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
Investment property for sale in Virginia at 7307 Hickory Rd, Virginia, IL, 62691 with 5% annual appreciation on a $160,000 basis while $1,442/mo rent supports operations. Total monthly income totals $1,442/mo and a $783/mo payment preserves $332/mo for cash returns. Annual cash flow comes to $3,988/yr on $53,040 deployed, and return on cash invested reaches 27.43% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,205 alongside rental yield of 10.81%. Five-year ROI measures 144.21% and total cumulative return in cash totals $76,490.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,442/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62691, Virginia, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,089 (100%) |
| Owner Occupied HU | 762 (70.0%) |
| Renter Occupied HU | 187 (17.2%) |
| Vacant Housing Units | 140 (12.9%) |
| Median Home Value | $129,412 |
| Average Home Value | $193,094 |
Housing Distribution
Address Breakdown
Residential
1,007
Single Family
1,001
Multi-Family
6
Businesses
84
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices