113 Walnut StGibson CityIL60936
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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
Investment property for sale in Gibson City at 113 Walnut St, Gibson City, IL, 60936 uses $48,068 cash to close to unlock $3,695/yr annual cash flow and $308/mo monthly cash flow. Total monthly income runs $1,314/mo, and a $710/mo payment keeps the spread at $308/mo. Purchase price stands at $145,000, and rental yield measures 10.87% with $1,314/mo rent. Return on cash invested shows 27.6% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 145.06% and total cumulative return in cash records $69,728. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,314/mo property income covering a $710/mo payment rather than investor’s personal income.
Single Family
Built in 1957
7,840 sqft 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: #12516232