1906 Arrowhead LnGodfreyIL62035
Nearby investment properties with comparable rents
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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 Godfrey at 1906 Arrowhead Ln, Godfrey, IL, 62035 uses $157,794 cash to close to unlock $2,031/yr annual cash flow and $169/mo monthly cash flow. Total monthly income runs $3,474/mo, and a $2,330/mo payment keeps the spread at $169/mo. Purchase price stands at $476,000, and rental yield measures 8.76% with $3,474/mo rent. Return on cash invested shows 21.2% in year one, and 5% annual appreciation builds toward $131,510 over five years. Five-year ROI reaches 110.75% and total cumulative return in cash records $174,753. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,474/mo property income covering a $2,330/mo payment rather than investor’s personal income.
Single Family
Built in 1996
0.62 Acres lot
$N/A/sqft
$35 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
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Listed by: Whitney A McIver • Tarrant and Harman Real Estate and Auction Co
Mls Name: MARIS
Mls Provider:
Mls ID: #25072265
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