3675 Parrish Ridge RdGorevilleIL62939
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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 Goreville at 3675 Parrish Ridge Rd, Goreville, IL, 62939 offers a 1.54% rental yield on a $750,000 purchase with $960/mo rent. 57% in year one. Equity gained on principal adds $4,840/yr while 5% annual appreciation supports $207,211 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $960/mo property income against a $3,671/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
2 Acres lot
$N/A/sqft
No HOA
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Listed by: Brett Videon • RE/MAX INTEGRITY
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB457105
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