8804 Nilsen CtHarvardIL60033
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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 Harvard at 8804 Nilsen Ct, Harvard, IL, 60033 offers a 9.94% rental yield on a $544,500 purchase with $4,512/mo rent. Total monthly income registers $4,512/mo, and a $2,665/mo payment leaves $735/mo available for distribution. Annual cash flow reaches $8,824/yr on $179,141 to close, and return on cash invested stands at 24.99% in year one. Equity gained on principal adds $3,514/yr while 5% annual appreciation supports $150,435 over five years. Portfolio math shows five-year ROI at 131.04% and total cumulative return in cash at $234,743. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,512/mo property income against a $2,665/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
5.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60033, Harvard, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,189 (100%) |
| Owner Occupied HU | 3,315 (63.9%) |
| Renter Occupied HU | 1,551 (29.9%) |
| Vacant Housing Units | 323 ( 6.2%) |
| Median Home Value | $243,968 |
| Average Home Value | $284,540 |
Housing Distribution
Address Breakdown
Residential
4,948
Single Family
4,485
Multi-Family
463
Businesses
429
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Listed by: Justin Smith • Century 21 Affiliated
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202404711
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.