324 W 6th StGibson CityIL60936
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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 Gibson City at 324 W 6th St, Gibson City, IL, 60936 listed at $170,000 pairs $1,552/mo rent with a $832/mo payment to leave $373/mo cash flow. Total monthly income runs $1,552/mo, and annual cash flow reaches $4,475/yr on $56,355 cash to close. Return on cash invested measures 27.85% in year one, and rental yield registers 10.96% at a $170,000 basis. Equity gained on principal adds $1,097/yr, and annual property appreciation at 5% supports $46,968 by year five. Five-year ROI tracks 146.41% and total cumulative return in cash totals $82,509. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,552/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
8,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60936, Gibson City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,039 (100%) |
| Owner Occupied HU | 1,307 (64.1%) |
| Renter Occupied HU | 538 (26.4%) |
| Vacant Housing Units | 194 ( 9.5%) |
| Median Home Value | $165,242 |
| Average Home Value | $201,264 |
Housing Distribution
Address Breakdown
Residential
1,906
Single Family
1,760
Multi-Family
146
Businesses
223
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Listed by: Mark Waldhoff, CRS,GRI • KELLER WILLIAMS-TREC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12316230