13817 Illinois StGrabillIN46741
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 Grabill at 13817 Illinois St, Grabill, IN, 46741 generates $1,972/mo in rent and, after a $1,321/mo payment, leaves $352/mo in cash flow. Total monthly income is $1,972/mo, and annual cash flow is $4,222/yr on $89,472 invested. Return on cash invested sits at 24.63% in year one, and rental yield is 8.77% on a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 127.89% and total cumulative return in cash sums $114,426. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,972/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46741, Grabill, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,486 (100%) |
| Owner Occupied HU | 1,228 (82.6%) |
| Renter Occupied HU | 178 (12.0%) |
| Vacant Housing Units | 80 ( 5.4%) |
| Median Home Value | $329,618 |
| Average Home Value | $361,042 |
Housing Distribution
Address Breakdown
Residential
1,124
Single Family
1,124
Multi-Family
0
Businesses
115
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices