119 N Market StGraftonIL62037
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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 Grafton at 119 N Market St, Grafton, IL, 62037 generates $2,392/mo in rent and, after a $1,565/mo payment, leaves $174/mo in cash flow. Total monthly income is $2,392/mo, and annual cash flow is $2,090/yr on $105,997 invested. Return on cash invested sits at 21.88% in year one, and rental yield is 8.98% on a $319,750 entry. Equity gained on principal adds $2,063/yr, while 5% annual appreciation builds toward $88,341 over five years. Five-year ROI reaches 114.43% and total cumulative return in cash sums $121,293. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,392/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
7,540 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62037, Grafton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,020 (100%) |
| Owner Occupied HU | 671 (65.8%) |
| Renter Occupied HU | 96 ( 9.4%) |
| Vacant Housing Units | 253 (24.8%) |
| Median Home Value | $233,125 |
| Average Home Value | $304,706 |
Housing Distribution
Address Breakdown
Residential
734
Single Family
705
Multi-Family
29
Businesses
62
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