420 W South StGrayvilleIL62844
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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 Grayville at 420 W South St, Grayville, IL, 62844 offers a 9.23% rental yield on a $129,000 purchase with $992/mo rent. Total monthly income registers $992/mo, and a $631/mo payment leaves $98/mo available for distribution. Annual cash flow reaches $1,171/yr on $42,764 to close, and return on cash invested stands at 22.65% in year one. Equity gained on principal adds $832/yr while 5% annual appreciation supports $35,640 over five years. Portfolio math shows five-year ROI at 118.56% and total cumulative return in cash at $50,701. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $992/mo property income against a $631/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
10,125 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62844, Grayville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,051 (100%) |
| Owner Occupied HU | 747 (71.1%) |
| Renter Occupied HU | 177 (16.8%) |
| Vacant Housing Units | 127 (12.1%) |
| Median Home Value | $97,604 |
| Average Home Value | $138,076 |
Housing Distribution
Address Breakdown
Residential
854
Single Family
854
Multi-Family
0
Businesses
89
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