213 Briarwood DrGranite CityIL62040
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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 Granite City at 213 Briarwood Dr, Granite City, IL, 62040 with 5% annual appreciation on a $134,000 basis while $1,075/mo rent supports operations. Total monthly income totals $1,075/mo and a $656/mo payment preserves $145/mo for cash returns. Annual cash flow comes to $1,745/yr on $44,421 deployed, and return on cash invested reaches 23.84% in year one. Equity gained on principal adds $865/yr, and five-year appreciation sums $37,022 alongside rental yield of 9.63%. Five-year ROI measures 124.99% and total cumulative return in cash totals $55,523.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,075/mo property income versus a $656/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1957
5,488 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62040, Granite City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,293 (100%) |
| Owner Occupied HU | 12,054 (62.5%) |
| Renter Occupied HU | 5,220 (27.1%) |
| Vacant Housing Units | 2,019 (10.5%) |
| Median Home Value | $120,437 |
| Average Home Value | $156,786 |
Housing Distribution
Address Breakdown
Residential
17,538
Single Family
17,136
Multi-Family
402
Businesses
1,080
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Listed by: Judith V Browning • Nester Realty
Mls Name: MARIS
Mls ID: #25060520