42 County Line RdGrand ChainIL62941
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 Grand Chain at 42 County Line Rd, Grand Chain, IL, 62941 at $239,900 posts ROI 27.86% with $527/mo cash flow from $2,191/mo rent. Total monthly income equals $2,191/mo, and annual cash flow records $6,326/yr on $79,527 to close. Return on cash invested measures 27.86% and rental yield reads 10.96% at the current $239,900. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 by year five. Five-year ROI prints 146.53% and total cumulative return in cash totals $116,527.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,191/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2016
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62941, Grand Chain, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 357 (100%) |
| Owner Occupied HU | 241 (67.5%) |
| Renter Occupied HU | 53 (14.8%) |
| Vacant Housing Units | 63 (17.6%) |
| Median Home Value | $94,063 |
| Average Home Value | $129,346 |
Housing Distribution
Address Breakdown
Residential
283
Single Family
283
Multi-Family
0
Businesses
15
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Nearby investment properties with comparable prices
Listed by: Stewart Weisenberger • Farmer & Co. Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #EB460782