1193 Knox Highway 17GilsonIL61436
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
Investment Highlights
Rental property for sale in Gilson at 1193 Knox Highway 17, Gilson, IL, 61436 generates $1,594/mo in rent, after a $1,273/mo payment. Total monthly income is $1,594/mo. Return on cash invested sits at 16.99% in year one, and rental yield is 7.36% on a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 88.21% and total cumulative return in cash sums $76,025. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,594/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
1.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61436, Gilson, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 376 (100%) |
| Owner Occupied HU | 285 (75.8%) |
| Renter Occupied HU | 58 (15.4%) |
| Vacant Housing Units | 33 ( 8.8%) |
| Median Home Value | $210,938 |
| Average Home Value | $282,132 |
Housing Distribution
Address Breakdown
Residential
313
Single Family
313
Multi-Family
0
Businesses
6
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices