15 Dunn LnGorevilleIL62939
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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 Goreville at 15 Dunn Ln, Goreville, IL, 62939 priced at $149,000 converts $1,126/mo rent into $85/mo cash flow after a $729/mo obligation. Total monthly income equals $1,126/mo, and annual cash flow totals $1,015/yr on $49,394 invested. Return on cash invested prints 21.96% in year one, and rental yield reads 9.07% against a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation compiles into $41,166 by year five. Five-year ROI reaches 114.92% and total cumulative return in cash sums $56,764. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,126/mo property income covering a $729/mo payment, not borrower’s personal income.
Single Family
Built in 1983
2.33 Acres lot
$N/A/sqft
No HOA
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Listed by: MELISSA A PLANT • COLDWELL BANKER J. DAVID THOMPSON
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB458162
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