418 E Webster StGriggsvilleIL62340
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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
Total monthly income runs $1,524/mo, and a $1,224/mo payment. Purchase price stands at $250,000, and rental yield measures 7.32% with $1,524/mo rent. Return on cash invested shows 16.86% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 87.51% and total cumulative return in cash records $72,526. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,524/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1900
5.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62340, Griggsville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 782 (100%) |
| Owner Occupied HU | 529 (67.6%) |
| Renter Occupied HU | 147 (18.8%) |
| Vacant Housing Units | 106 (13.6%) |
| Median Home Value | $111,806 |
| Average Home Value | $158,176 |
Housing Distribution
Address Breakdown
Residential
555
Single Family
555
Multi-Family
0
Businesses
51
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Listed by: Robin Callihan • Hometown Real Estate
Mls Name: My State MLS
Mls ID: #11484930