1565 Ghent RdColumbiaIL62236
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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 Columbia at 1565 Ghent Rd, Columbia, IL, 62236 uses $107,207 cash to close to unlock $13,161/yr annual cash flow and $1,097/mo monthly cash flow. Total monthly income runs $3,340/mo, and a $1,583/mo payment keeps the spread at $1,097/mo. Purchase price stands at $323,400, and rental yield measures 12.39% with $3,340/mo rent. Return on cash invested shows 32.19% in year one, and 5% annual appreciation builds toward $89,349 over five years. Five-year ROI reaches 169.66% and total cumulative return in cash records $181,887. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,340/mo property income covering a $1,583/mo payment rather than investor’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62236, Columbia, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,987 (100%) |
| Owner Occupied HU | 4,739 (79.2%) |
| Renter Occupied HU | 930 (15.5%) |
| Vacant Housing Units | 318 ( 5.3%) |
| Median Home Value | $325,870 |
| Average Home Value | $363,309 |
Housing Distribution
Address Breakdown
Residential
5,708
Single Family
5,560
Multi-Family
148
Businesses
511
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