26 Covered Bridge AcresGlenarmIL62536
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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 Glenarm at 26 Covered Bridge Acres, Glenarm, IL, 62536 with 5% annual appreciation on a $369,000 basis while $1,957/mo rent supports operations. Equity gained on principal adds $2,381/yr, and five-year appreciation sums $101,948 alongside rental yield of 6.36%. Five-year ROI measures 72.14% and total cumulative return in cash totals $88,239. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,957/mo property income versus a $1,806/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Home Type Unknown
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62536, Glenarm, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 360 (100%) |
| Owner Occupied HU | 335 (93.1%) |
| Renter Occupied HU | 17 ( 4.7%) |
| Vacant Housing Units | 8 ( 2.2%) |
| Median Home Value | $301,948 |
| Average Home Value | $345,075 |
Housing Distribution
Address Breakdown
Residential
316
Single Family
316
Multi-Family
0
Businesses
15
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