LOT 281 Wild Prairie PointHampshireIL60140
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 LOT 281 Wild Prairie Point, Hampshire, IL, 60140 offers $3,000/mo rent that, after a $2,212/mo payment. Total monthly income is $3,000/mo. Return on cash invested measures 18.83% in year one, and rental yield stands at 7.96% at a $451,990 entry. Equity gained on principal adds $2,917/yr while 5% annual appreciation compounds into $124,877 by year five. Five-year ROI records 98.06% and total cumulative return in cash reaches $146,923. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,000/mo property income versus a $2,212/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
10,783 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