320 N Main StGiffordIL61847
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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 Gifford at 320 N Main St, Gifford, IL, 61847 at $173,400 posts ROI 23.69% with $181/mo cash flow from $1,384/mo rent. Total monthly income equals $1,384/mo, and annual cash flow records $2,172/yr on $57,482 to close. Return on cash invested measures 23.69% and rental yield reads 9.58% at the current $173,400. Equity gained on principal adds $1,119/yr, and 5% annual appreciation supports $47,907 by year five. Five-year ROI prints 124.06% and total cumulative return in cash totals $71,313.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,384/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1925
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61847, Gifford, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 554 (100%) |
| Owner Occupied HU | 475 (85.7%) |
| Renter Occupied HU | 55 ( 9.9%) |
| Vacant Housing Units | 24 ( 4.3%) |
| Median Home Value | $223,319 |
| Average Home Value | $241,568 |
Housing Distribution
Address Breakdown
Residential
339
Single Family
324
Multi-Family
15
Businesses
36
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