106 W Elm StGladstoneIL61437
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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 Gladstone at 106 W Elm St, Gladstone, IL, 61437 priced at $117,300 pairs $1,484/mo rent with $671/mo cash flow after a $574/mo payment. Total monthly income equals $1,484/mo, and annual cash flow comes to $8,046/yr on $38,885 invested. Return on cash invested is 40.6% in year one, and rental yield stands at 15.18% on a $117,300 basis. Equity gained on principal adds $757/yr, and 5% annual appreciation accumulates to $32,408 by year five. Five-year ROI measures 214.85% and total cumulative return in cash reaches $83,543. For financing, Ziffy Mortgage’s DSCR program evaluates $1,484/mo property income against a $574/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
10,237 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61437, Gladstone, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 461 (100%) |
| Owner Occupied HU | 328 (71.1%) |
| Renter Occupied HU | 57 (12.4%) |
| Vacant Housing Units | 76 (16.5%) |
| Median Home Value | $157,237 |
| Average Home Value | $152,363 |
Housing Distribution
Address Breakdown
Residential
242
Single Family
241
Multi-Family
1
Businesses
15
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