31982 Sheldons Grove RdBrowningIL62624
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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 Browning at 31982 Sheldons Grove Rd, Browning, IL, 62624 offers a 3.91% rental yield on a $725,000 purchase with $2,362/mo rent. 64% in year one. Equity gained on principal adds $4,678/yr while 5% annual appreciation supports $200,304 over five years. Portfolio math shows five-year ROI at 32.65% and total cumulative return in cash at $77,873. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,362/mo property income against a $3,549/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62624, Browning, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 263 (100%) |
| Owner Occupied HU | 184 (70.0%) |
| Renter Occupied HU | 24 ( 9.1%) |
| Vacant Housing Units | 55 (20.9%) |
| Median Home Value | $144,444 |
| Average Home Value | $200,122 |
Housing Distribution
Address Breakdown
Residential
189
Single Family
189
Multi-Family
0
Businesses
5
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Listed by: Melissa A Sullivan • Happel Inc. Realtors
Mls Name: MARIS
Mls Provider:
Mls ID: #25018840
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