113 Hillcrest StGridleyIL61744
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingRental yield 6.93%. No single metric is exceptional, but the combination offers a durable, low-volatility return profile suitable for risk-conscious global investors. Ziffy Mortgage's mortgage qualifies on DSCR alone, no U.S. credit history required. Five-year appreciation adds $95,317, and $3,177/yr in principal equity projects total return of $113,637.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.9% | 6.0% |
| Monthly Cash Flow | $(423) | $250 |
City averages based on Gridley market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,108 |
| Total Monthly Debt Service | $2,256 |
| DSCR Ratio | 0.93x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1998
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61744, Gridley, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 833 (100%) |
| Owner Occupied HU | 615 (73.8%) |
| Renter Occupied HU | 142 (17.0%) |
| Vacant Housing Units | 76 ( 9.1%) |
| Median Home Value | $168,990 |
| Average Home Value | $225,106 |
Housing Distribution
Address Breakdown
Residential
620
Single Family
602
Multi-Family
18
Businesses
52
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
Single Family
Built in 1998
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61744, Gridley, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 833 (100%) |
| Owner Occupied HU | 615 (73.8%) |
| Renter Occupied HU | 142 (17.0%) |
| Vacant Housing Units | 76 ( 9.1%) |
| Median Home Value | $168,990 |
| Average Home Value | $225,106 |
Housing Distribution
Address Breakdown
Residential
620
Single Family
602
Multi-Family
18
Businesses
52
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Willow Gramm • RE/MAX Choice
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12438274
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)