744 Lancaster DrHampshireIL60140
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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
Rental property for sale in Hampshire at 744 Lancaster Dr, Hampshire, IL, 60140 priced at $275,000 converts $1,962/mo rent into $55/mo cash flow after a $1,346/mo obligation. Total monthly income equals $1,962/mo, and annual cash flow totals $654/yr on $91,163 invested. Return on cash invested prints 20.63% in year one, and rental yield reads 8.56% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 107.69% and total cumulative return in cash sums $98,171. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,962/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Townhouse
Built in 2010
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60140, Hampshire, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,359 (100%) |
| Owner Occupied HU | 7,944 (84.9%) |
| Renter Occupied HU | 950 (10.2%) |
| Vacant Housing Units | 465 ( 5.0%) |
| Median Home Value | $362,049 |
| Average Home Value | $378,568 |
Housing Distribution
Address Breakdown
Residential
8,640
Single Family
8,637
Multi-Family
3
Businesses
327
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