1828 Apache LnGodfreyIL62035
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
Investment property for sale in Godfrey at 1828 Apache Ln, Godfrey, IL, 62035 at $285,000 posts ROI 26.37% with $509/mo cash flow from $2,489/mo rent. Total monthly income equals $2,489/mo, and annual cash flow records $6,105/yr on $94,478 to close. Return on cash invested measures 26.37% and rental yield reads 10.48% at the current $285,000. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 by year five. Five-year ROI prints 138.49% and total cumulative return in cash totals $130,842.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,489/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1986
0.47 Acres lot
$N/A/sqft
$40 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62035, Godfrey, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,080 (100%) |
| Owner Occupied HU | 5,331 (75.3%) |
| Renter Occupied HU | 1,248 (17.6%) |
| Vacant Housing Units | 501 ( 7.1%) |
| Median Home Value | $240,158 |
| Average Home Value | $281,650 |
Housing Distribution
Address Breakdown
Residential
7,101
Single Family
6,784
Multi-Family
317
Businesses
389
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jackie Sumpter • Landmark Realty
Mls Name: MARIS
Mls Provider:
Mls ID: #24049793
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. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_197)