1020 Girard StMetropolisIL62960
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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 Metropolis at 1020 Girard St, Metropolis, IL, 62960 generates $1,041/mo in rent and, after a $661/mo payment, leaves $104/mo in cash flow. Total monthly income is $1,041/mo, and annual cash flow is $1,252/yr on $44,753 invested. Return on cash invested sits at 22.71% in year one, and rental yield is 9.25% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 118.9% and total cumulative return in cash sums $53,209. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,041/mo property income rather than buyer’s personal income.
Townhouse
Built in 1958
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62960, Metropolis, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,400 (100%) |
| Owner Occupied HU | 3,499 (64.8%) |
| Renter Occupied HU | 1,123 (20.8%) |
| Vacant Housing Units | 778 (14.4%) |
| Median Home Value | $141,240 |
| Average Home Value | $169,498 |
Housing Distribution
Address Breakdown
Residential
4,716
Single Family
4,657
Multi-Family
59
Businesses
411
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Listed by: Import User • GIA REAL ESTATE, INC.
Mls Name: MRED as distributed by MLS GRID
Mls ID: #EB459911