8948 S Main StHometownIL60456
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hometown at 8948 S Main St, Hometown, IL, 60456 listed at $255,000 pairs $2,100/mo rent with a $1,248/mo payment to leave $331/mo cash flow. Total monthly income runs $2,100/mo, and annual cash flow reaches $3,976/yr on $84,533 cash to close. Return on cash invested measures 24.61% in year one, and rental yield registers 9.88% at a $255,000 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,452 by year five. Five-year ROI tracks 129.09% and total cumulative return in cash totals $109,124. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,100/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1951
4,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60456, Hometown, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,934 (100%) |
| Owner Occupied HU | 1,378 (71.3%) |
| Renter Occupied HU | 472 (24.4%) |
| Vacant Housing Units | 84 ( 4.3%) |
| Median Home Value | $156,592 |
| Average Home Value | $164,323 |
Housing Distribution
Address Breakdown
Residential
1,891
Single Family
1,506
Multi-Family
385
Businesses
31
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices