8 Dogwood PlHarrisburgIL62946
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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 Harrisburg at 8 Dogwood Pl, Harrisburg, IL, 62946 priced at $284,900 pairs $2,129/mo rent with $153/mo cash flow after a $1,394/mo payment. Total monthly income equals $2,129/mo, and annual cash flow comes to $1,840/yr on $94,444 invested. Return on cash invested is 21.86% in year one, and rental yield stands at 8.97% on a $284,900 basis. Equity gained on principal adds $1,838/yr, and 5% annual appreciation accumulates to $78,713 by year five. Five-year ROI measures 114.3% and total cumulative return in cash reaches $107,951. For financing, Ziffy Mortgage’s DSCR program evaluates $2,129/mo property income against a $1,394/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2013
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62946, Harrisburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,954 (100%) |
| Owner Occupied HU | 3,629 (61.0%) |
| Renter Occupied HU | 1,463 (24.6%) |
| Vacant Housing Units | 862 (14.5%) |
| Median Home Value | $126,021 |
| Average Home Value | $149,213 |
Housing Distribution
Address Breakdown
Residential
5,385
Single Family
5,143
Multi-Family
242
Businesses
575
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Listed by: Allen Clay • Farmer & Co. Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #EB460493