809 N 12th StHerrinIL62948
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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 Herrin at 809 N 12th St, Herrin, IL, 62948 listed at $127,000 pairs $972/mo rent with a $622/mo payment to leave $91/mo cash flow. Total monthly income runs $972/mo, and annual cash flow reaches $1,088/yr on $42,101 cash to close. Return on cash invested measures 22.49% in year one, and rental yield registers 9.18% at a $127,000 basis. Equity gained on principal adds $820/yr, and annual property appreciation at 5% supports $35,088 by year five. Five-year ROI tracks 117.71% and total cumulative return in cash totals $49,557. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $972/mo property income relative to a $622/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
7,614 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62948, Herrin, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,114 (100%) |
| Owner Occupied HU | 3,554 (58.1%) |
| Renter Occupied HU | 1,805 (29.5%) |
| Vacant Housing Units | 755 (12.3%) |
| Median Home Value | $133,249 |
| Average Home Value | $159,634 |
Housing Distribution
Address Breakdown
Residential
5,750
Single Family
5,552
Multi-Family
198
Businesses
433
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