112 W Essex StGlasfordIL61533
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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 Glasford at 112 W Essex St, Glasford, IL, 61533 generates $1,398/mo in rent and, after a $729/mo payment, leaves $365/mo in cash flow. Total monthly income is $1,398/mo, and annual cash flow is $4,377/yr on $49,394 invested. Return on cash invested sits at 28.77% in year one, and rental yield is 11.26% on a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 151.36% and total cumulative return in cash sums $74,764. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,398/mo property income rather than buyer’s personal income.
Single Family
Built in 1935
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61533, Glasford, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,010 (100%) |
| Owner Occupied HU | 786 (77.8%) |
| Renter Occupied HU | 119 (11.8%) |
| Vacant Housing Units | 105 (10.4%) |
| Median Home Value | $165,678 |
| Average Home Value | $202,141 |
Housing Distribution
Address Breakdown
Residential
737
Single Family
737
Multi-Family
0
Businesses
28
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