420 Ganim DrShilohIL62221
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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 Shiloh at 420 Ganim Dr, Shiloh, IL, 62221 uses $82,875 cash to close to unlock $3,911/yr annual cash flow and $326/mo monthly cash flow. Total monthly income runs $2,101/mo, and a $1,224/mo payment keeps the spread at $326/mo. Purchase price stands at $250,000, and rental yield measures 10.08% with $2,101/mo rent. Return on cash invested shows 24.63% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 129.34% and total cumulative return in cash records $107,194. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,101/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 2021
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62221, Belleville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,726 (100%) |
| Owner Occupied HU | 7,788 (61.2%) |
| Renter Occupied HU | 4,046 (31.8%) |
| Vacant Housing Units | 892 ( 7.0%) |
| Median Home Value | $232,761 |
| Average Home Value | $264,956 |
Housing Distribution
Address Breakdown
Residential
12,440
Single Family
11,741
Multi-Family
699
Businesses
368
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Listed by: Kyla D Palazzolo • Midwest Farm & Land Co. LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB458521
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.