406 S Church 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
Rental property for sale in Gibson City at 406 S Church St, Gibson City, IL, 60936 generates $598/mo in rent, after a $709/mo payment. Total monthly income is $598/mo. Return on cash invested sits at 9.75% in year one, and rental yield is 4.95% on a $144,900 entry. Equity gained on principal adds $935/yr, while 5% annual appreciation builds toward $40,033 over five years. Five-year ROI reaches 49.42% and total cumulative return in cash sums $23,737. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $598/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
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: JJ Devore, ABR,AHWD,e-PRO,GREEN,GRI,SFR,SRS • Century 21 Quest
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12519989