898 Emerald DrHampshireIL60140
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
Rental property for sale in Hampshire at 898 Emerald Dr, Hampshire, IL, 60140 priced at $299,900 converts $2,994/mo rent into $914/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,994/mo, and annual cash flow totals $10,964/yr on $99,417 invested. Return on cash invested prints 30.94% in year one, and rental yield reads 11.98% against a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation compiles into $82,857 by year five. Five-year ROI reaches 162.98% and total cumulative return in cash sums $162,028. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,994/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Townhouse
Built in 2007
1,888 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60140, Hampshire, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,359 (100%) |
| Owner Occupied HU | 7,944 (84.9%) |
| Renter Occupied HU | 950 (10.2%) |
| Vacant Housing Units | 465 ( 5.0%) |
| Median Home Value | $362,049 |
| Average Home Value | $378,568 |
Housing Distribution
Address Breakdown
Residential
8,640
Single Family
8,637
Multi-Family
3
Businesses
327
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices