207 E 7th StGlasfordIL61533
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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 Glasford at 207 E 7th St, Glasford, IL, 61533 uses $44,719 cash to close to unlock $5,923/yr annual cash flow and $494/mo monthly cash flow. Total monthly income runs $1,429/mo, and a $660/mo payment keeps the spread at $494/mo. Purchase price stands at $134,900, and rental yield measures 12.71% with $1,429/mo rent. Return on cash invested shows 33.15% in year one, and 5% annual appreciation builds toward $37,270 over five years. Five-year ROI reaches 174.89% and total cumulative return in cash records $78,209. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,429/mo property income covering a $660/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61533, Glasford, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,010 (100%) |
| Owner Occupied HU | 786 (77.8%) |
| Renter Occupied HU | 119 (11.8%) |
| Vacant Housing Units | 105 (10.4%) |
| Median Home Value | $165,678 |
| Average Home Value | $202,141 |
Housing Distribution
Address Breakdown
Residential
737
Single Family
737
Multi-Family
0
Businesses
28
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