Ridgefield Plan, Tamms FarmHampshireIL60140
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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
Investment Highlights
Rental property for sale in Hampshire at Ridgefield Plan, Tamms Farm, Hampshire, IL, 60140 priced at $474,990 pairs $3,875/mo rent with $580/mo cash flow after a $2,325/mo payment. Total monthly income equals $3,875/mo, and annual cash flow comes to $6,963/yr on $157,459 invested. Return on cash invested is 24.33% in year one, and rental yield stands at 9.79% on a $474,990 basis. Equity gained on principal adds $3,065/yr, and 5% annual appreciation accumulates to $131,231 by year five. Five-year ROI measures 127.56% and total cumulative return in cash reaches $200,848. For financing, Ziffy Mortgage’s DSCR program evaluates $3,875/mo property income against a $2,325/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
N/A 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
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