33 Covered Bridge AcresGlenarmIL62536
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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 Glenarm at 33 Covered Bridge Acres, Glenarm, IL, 62536 earns from $2,017/mo rent with a $1,713/mo payment. Total monthly income totals $2,017/mo. ROI tracks 15.66% on current figures, and rental yield reads 6.92% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 81.07% and total cumulative return in cash sums $94,038. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,017/mo property income instead of your personal income.
Single Family
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62536, Glenarm, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 360 (100%) |
| Owner Occupied HU | 335 (93.1%) |
| Renter Occupied HU | 17 ( 4.7%) |
| Vacant Housing Units | 8 ( 2.2%) |
| Median Home Value | $301,948 |
| Average Home Value | $345,075 |
Housing Distribution
Address Breakdown
Residential
316
Single Family
316
Multi-Family
0
Businesses
15
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