1510 Reevesville RdGrantsburgIL62943
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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
Investment property for sale in Grantsburg at 1510 Reevesville Rd, Grantsburg, IL, 62943 listed at $159,900 pairs $2,149/mo rent with a $783/mo payment to leave $1,040/mo cash flow. Total monthly income runs $2,149/mo, and annual cash flow reaches $12,474/yr on $53,007 cash to close. Return on cash invested measures 43.44% in year one, and rental yield registers 16.13% at a $159,900 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,177 by year five. Five-year ROI tracks 230.06% and total cumulative return in cash totals $121,950. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,149/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1996
5.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62943, Grantsburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 325 (100%) |
| Owner Occupied HU | 220 (67.7%) |
| Renter Occupied HU | 49 (15.1%) |
| Vacant Housing Units | 56 (17.2%) |
| Median Home Value | $146,875 |
| Average Home Value | $179,547 |
Housing Distribution
Address Breakdown
Residential
280
Single Family
280
Multi-Family
0
Businesses
9
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Listed by: Monica Mcginley • House 2 Home Realty Marion
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4259009
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.