106 Lakeview DrGibson CityIL60936
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 Gibson City at 106 Lakeview Dr, Gibson City, IL, 60936 offers $2,321/mo rent that, after a $1,322/mo payment, leaves $448/mo cash flow. Total monthly income is $2,321/mo, and annual cash flow is $5,373/yr on $89,505 cash. Return on cash invested measures 25.91% in year one, and rental yield stands at 10.32% at a $270,000 entry. Equity gained on principal adds $1,742/yr while 5% annual appreciation compounds into $74,596 by year five. Five-year ROI records 136% and total cumulative return in cash reaches $121,729. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,321/mo property income versus a $1,322/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
1.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60936, Gibson City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,039 (100%) |
| Owner Occupied HU | 1,307 (64.1%) |
| Renter Occupied HU | 538 (26.4%) |
| Vacant Housing Units | 194 ( 9.5%) |
| Median Home Value | $165,242 |
| Average Home Value | $201,264 |
Housing Distribution
Address Breakdown
Residential
1,906
Single Family
1,760
Multi-Family
146
Businesses
223
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Listed by: Ryan Dallas • RYAN DALLAS REAL ESTATE
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12499607