260 Eagle Ridge LnGorevilleIL62939
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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 Goreville at 260 Eagle Ridge Ln, Goreville, IL, 62939 at $1,549,000 posts ROI 1.66% with from $2,921/mo rent. Total monthly income equals $2,921/mo. Return on cash invested measures 1.66% and rental yield reads 2.26% at the current $1,549,000. Equity gained on principal adds $9,995/yr, and 5% annual appreciation supports $427,960 by year five. Five-year ROI prints 5.91% and total cumulative return in cash totals $29,651. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,921/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2017
2.12 Acres lot
$N/A/sqft
No HOA
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Listed by: Michelle Merrill • RIVER 2 RIVER REALTY, INC.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB456662
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.