151 Cleveland CirGranvilleIL61326
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 Granville at 151 Cleveland Cir, Granville, IL, 61326 offers $1,763/mo rent that, after a $594/mo payment, leaves $894/mo cash flow. Total monthly income is $1,763/mo, and annual cash flow is $10,729/yr on $40,204 cash. Return on cash invested measures 46.6% in year one, and rental yield stands at 17.44% at a $121,278 entry. Equity gained on principal adds $783/yr while 5% annual appreciation compounds into $33,507 by year five. Five-year ROI records 247.38% and total cumulative return in cash reaches $99,456. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,763/mo property income versus a $594/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
7,140 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61326, Granville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,055 (100%) |
| Owner Occupied HU | 763 (72.3%) |
| Renter Occupied HU | 170 (16.1%) |
| Vacant Housing Units | 122 (11.6%) |
| Median Home Value | $146,902 |
| Average Home Value | $169,630 |
Housing Distribution
Address Breakdown
Residential
639
Single Family
573
Multi-Family
66
Businesses
63
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