902 Walnut St, Highland, IL, 62249 | 6.09% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Highland at 902 Walnut St, Highland, IL, 62249 offers a 6.09% rental yield on a $240,000 purchase with $1,218/mo rent. 17% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 67.67% and total cumulative return in cash at $53,834. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,218/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1915

7,501 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 62249, Highland, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,148 (100%)
Owner Occupied HU	5,271 (73.7%)
Renter Occupied HU	1,472 (20.6%)
Vacant Housing Units	405 ( 5.7%)
Median Home Value	$264,878
Average Home Value	$300,071