401 Timber Ridge Dr UNIT 20GraftonIL62037
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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 Grafton at 401 Timber Ridge Dr UNIT 20, Grafton, IL, 62037 offers a 9.08% rental yield on a $187,500 purchase with $1,419/mo rent. Total monthly income registers $1,419/mo, and a $918/mo payment leaves $118/mo available for distribution. Annual cash flow reaches $1,418/yr on $62,156 to close, and return on cash invested stands at 22.19% in year one. Equity gained on principal adds $1,210/yr while 5% annual appreciation supports $51,803 over five years. Portfolio math shows five-year ROI at 116.12% and total cumulative return in cash at $72,175. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,419/mo property income against a $918/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2007
5.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62037, Grafton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,020 (100%) |
| Owner Occupied HU | 671 (65.8%) |
| Renter Occupied HU | 96 ( 9.4%) |
| Vacant Housing Units | 253 (24.8%) |
| Median Home Value | $233,125 |
| Average Home Value | $304,706 |
Housing Distribution
Address Breakdown
Residential
734
Single Family
705
Multi-Family
29
Businesses
62
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