Harrison Ranch Plan, Preservation OaksRichmondIL60071
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at Harrison Ranch Plan, Preservation Oaks, Richmond, IL, 60071 in Richmond: $3,842/mo in rent, $389/mo in net income, 9.26% gross yield, 1.72 DSCR, all at $497,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $137,561 in appreciation and $4,586/yr in principal paydown projects total cumulative return of $215,433.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.0% |
| Monthly Cash Flow | $389 | $1,200 |
City averages based on Richmond market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,842 |
| Total Monthly Debt Service | $3,255 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60071, Richmond, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,809 (100%) |
| Owner Occupied HU | 1,188 (65.7%) |
| Renter Occupied HU | 498 (27.5%) |
| Vacant Housing Units | 123 ( 6.8%) |
| Median Home Value | $370,510 |
| Average Home Value | $400,069 |
Housing Distribution
Address Breakdown
Residential
1,737
Single Family
1,270
Multi-Family
467
Businesses
219
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
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60071, Richmond, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,809 (100%) |
| Owner Occupied HU | 1,188 (65.7%) |
| Renter Occupied HU | 498 (27.5%) |
| Vacant Housing Units | 123 ( 6.8%) |
| Median Home Value | $370,510 |
| Average Home Value | $400,069 |
Housing Distribution
Address Breakdown
Residential
1,737
Single Family
1,270
Multi-Family
467
Businesses
219
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices