203 W Summit StGiffordIL61847
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 203 W Summit St, Gifford, IL, 61847 in Gifford is priced for capital growth, not immediate cash flow. The $249,900 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $69,043 by year five, with $2,302/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% | 6.5% |
| Monthly Cash Flow | $0 | $250 |
City averages based on Gifford market data in our database. Property projections are estimates.
Single Family
Built in 1978
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61847, Gifford, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 554 (100%) |
| Owner Occupied HU | 475 (85.7%) |
| Renter Occupied HU | 55 ( 9.9%) |
| Vacant Housing Units | 24 ( 4.3%) |
| Median Home Value | $223,319 |
| Average Home Value | $241,568 |
Housing Distribution
Address Breakdown
Residential
339
Single Family
324
Multi-Family
15
Businesses
36
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 1978
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61847, Gifford, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 554 (100%) |
| Owner Occupied HU | 475 (85.7%) |
| Renter Occupied HU | 55 ( 9.9%) |
| Vacant Housing Units | 24 ( 4.3%) |
| Median Home Value | $223,319 |
| Average Home Value | $241,568 |
Housing Distribution
Address Breakdown
Residential
339
Single Family
324
Multi-Family
15
Businesses
36
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices