2940 Parrish 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
Total monthly income runs $960/mo, and a $5,898/mo payment. Purchase price stands at $1,205,000, and rental yield measures 0.96% with $960/mo rent. Return on cash invested shows -2.44% in year one, and 5% annual appreciation builds toward $332,919 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $960/mo property income covering a $5,898/mo payment rather than investor’s personal income.
Single Family
Built in 2022
1.03 Acres lot
$N/A/sqft
$285 annually HOA
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Listed by: Michelle Merrill • RIVER 2 RIVER REALTY, INC.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB458412
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-28 03:18:00 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#564)