18496 Emmerson Airline RdGirardIL62640
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 18496 Emmerson Airline Rd, Girard, IL, 62640 in Girard is priced for capital growth, not immediate cash flow. The $174,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $48,073 by year five, with $1,603/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $150 |
City averages based on Girard market data in our database. Property projections are estimates.
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62640, Girard, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,769 (100%) |
| Owner Occupied HU | 1,192 (67.4%) |
| Renter Occupied HU | 311 (17.6%) |
| Vacant Housing Units | 266 (15.0%) |
| Median Home Value | $168,254 |
| Average Home Value | $205,048 |
Housing Distribution
Address Breakdown
Residential
1,545
Single Family
1,516
Multi-Family
29
Businesses
79
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62640, Girard, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,769 (100%) |
| Owner Occupied HU | 1,192 (67.4%) |
| Renter Occupied HU | 311 (17.6%) |
| Vacant Housing Units | 266 (15.0%) |
| Median Home Value | $168,254 |
| Average Home Value | $205,048 |
Housing Distribution
Address Breakdown
Residential
1,545
Single Family
1,516
Multi-Family
29
Businesses
79
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Lori M Smith • RE/MAX Professionals
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1035321
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