401 Timber Ridge Dr UNIT 24GraftonIL62037
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 24, Grafton, IL, 62037 earns $621/mo cash flow from $2,320/mo rent with a $1,199/mo payment. Total monthly income totals $2,320/mo, and annual cash flow totals $7,449/yr on $81,218 capital. ROI tracks 29.08% on current figures, and rental yield reads 11.36% at a $245,000 purchase. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 over five years. Five-year ROI reaches 153% and total cumulative return in cash sums $124,260. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,320/mo property income instead of your personal income.
Condo
Built in 2006
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices