18046 E 1000th StGood HopeIL61438
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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 Good Hope at 18046 E 1000th St, Good Hope, IL, 61438 offers a 8.45% rental yield on a $275,000 purchase with $1,937/mo rent. Total monthly income registers $1,937/mo, and a $1,346/mo payment leaves $30/mo available for distribution. Annual cash flow reaches $354/yr on $91,163 to close, and return on cash invested stands at 20.3% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 105.94% and total cumulative return in cash at $96,575. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,937/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
2.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61438, Good Hope, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 331 (100%) |
| Owner Occupied HU | 260 (78.5%) |
| Renter Occupied HU | 41 (12.4%) |
| Vacant Housing Units | 30 ( 9.1%) |
| Median Home Value | $148,077 |
| Average Home Value | $251,990 |
Housing Distribution
Address Breakdown
Residential
216
Single Family
216
Multi-Family
0
Businesses
18
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Listed by: Gene A Curtis • RE/MAX Unified Brokers
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1255005
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.