145 Cherokee DrGorevilleIL62939
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderFor first-time U.S. investors or those diversifying conservatively, 145 Cherokee Dr, Goreville, IL, 62939 in Goreville offers a clean, manageable entry. Rental yield 7.25%. DSCR 1.34 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $43,929 in additional property value over five years, with $1,464/yr in principal equity building ownership stake. Total projected cumulative return: $51,287.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 9.0% |
| Monthly Cash Flow | $(149) | $300 |
City averages based on Goreville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $960 |
| Total Monthly Debt Service | $1,045 |
| DSCR Ratio | 0.92x |
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.
Manufactured
Built in 2022
0.88 Acres lot
$N/A/sqft
$70 annually HOA
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
Manufactured
Built in 2022
0.88 Acres lot
$N/A/sqft
$70 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linda Cox • C21 HOUSE OF REALTY, INC. L
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB457539
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.