16513 W Garrett RdGlasfordIL61533
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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 Glasford at 16513 W Garrett Rd, Glasford, IL, 61533 offers a 8.18% rental yield on a $220,000 purchase with $1,500/mo rent. 48% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 101.5% and total cumulative return in cash at $74,027. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,500/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
3.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61533, Glasford, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,010 (100%) |
| Owner Occupied HU | 786 (77.8%) |
| Renter Occupied HU | 119 (11.8%) |
| Vacant Housing Units | 105 (10.4%) |
| Median Home Value | $165,678 |
| Average Home Value | $202,141 |
Housing Distribution
Address Breakdown
Residential
737
Single Family
737
Multi-Family
0
Businesses
28
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Listed by: Ryan Blackorby • Jim Maloof Realty, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1259544
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.