2261 E 20th RdGrand RidgeIL61325
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSteady, low-maintenance, and fundable: 2261 E 20th Rd, Grand Ridge, IL, 61325 in Grand Ridge at $410,000. Rental yield 7.45%. The 7.45% yield and 1.38 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $113,275 by year five, and $3,776/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $137,537.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 9.0% |
| Monthly Cash Flow | $(299) | $300 |
City averages based on Grand Ridge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,545 |
| Total Monthly Debt Service | $2,681 |
| DSCR Ratio | 0.95x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1997
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61325, Grand Ridge, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 401 (100%) |
| Owner Occupied HU | 332 (82.8%) |
| Renter Occupied HU | 42 (10.5%) |
| Vacant Housing Units | 27 ( 6.7%) |
| Median Home Value | $198,333 |
| Average Home Value | $252,861 |
Housing Distribution
Address Breakdown
Residential
322
Single Family
322
Multi-Family
0
Businesses
29
Nearby investment properties with comparable rents
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 1997
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61325, Grand Ridge, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 401 (100%) |
| Owner Occupied HU | 332 (82.8%) |
| Renter Occupied HU | 42 (10.5%) |
| Vacant Housing Units | 27 ( 6.7%) |
| Median Home Value | $198,333 |
| Average Home Value | $252,861 |
Housing Distribution
Address Breakdown
Residential
322
Single Family
322
Multi-Family
0
Businesses
29
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A