314 S High StGranvilleIL61326
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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
Rental property for sale in Granville at 314 S High St, Granville, IL, 61326 generates $1,472/mo in rent and, after a $905/mo payment, leaves $189/mo in cash flow. Total monthly income is $1,472/mo, and annual cash flow is $2,271/yr on $61,328 invested. Return on cash invested sits at 23.61% in year one, and rental yield is 9.55% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 123.75% and total cumulative return in cash sums $75,891. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,472/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61326, Granville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,055 (100%) |
| Owner Occupied HU | 763 (72.3%) |
| Renter Occupied HU | 170 (16.1%) |
| Vacant Housing Units | 122 (11.6%) |
| Median Home Value | $146,902 |
| Average Home Value | $169,630 |
Housing Distribution
Address Breakdown
Residential
639
Single Family
573
Multi-Family
66
Businesses
63
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