835 S Oak StHillsboroIL62049
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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 Hillsboro at 835 S Oak St, Hillsboro, IL, 62049 offers a 8.79% rental yield on a $220,000 purchase with $1,612/mo rent. Total monthly income registers $1,612/mo, and a $1,077/mo payment leaves $86/mo available for distribution. Annual cash flow reaches $1,030/yr on $72,930 to close, and return on cash invested stands at 21.32% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 111.39% and total cumulative return in cash at $81,239. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,612/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62049, Hillsboro, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,921 (100%) |
| Owner Occupied HU | 1,914 (65.5%) |
| Renter Occupied HU | 608 (20.8%) |
| Vacant Housing Units | 399 (13.7%) |
| Median Home Value | $130,952 |
| Average Home Value | $170,388 |
Housing Distribution
Address Breakdown
Residential
2,672
Single Family
2,616
Multi-Family
56
Businesses
256
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