565 Dutton Chapel RdGolcondaIL62938
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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 Golconda at 565 Dutton Chapel Rd, Golconda, IL, 62938 listed at $185,000 pairs $1,485/mo rent with a $905/mo payment to leave $202/mo cash flow. Total monthly income runs $1,485/mo, and annual cash flow reaches $2,427/yr on $61,328 cash to close. Return on cash invested measures 23.87% in year one, and rental yield registers 9.63% at a $185,000 basis. Equity gained on principal adds $1,194/yr, and annual property appreciation at 5% supports $51,112 by year five. Five-year ROI tracks 125.1% and total cumulative return in cash totals $76,719. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,485/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
3.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62938, Golconda, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,718 (100%) |
| Owner Occupied HU | 1,004 (58.4%) |
| Renter Occupied HU | 219 (12.7%) |
| Vacant Housing Units | 495 (28.8%) |
| Median Home Value | $174,788 |
| Average Home Value | $201,892 |
Housing Distribution
Address Breakdown
Residential
1,134
Single Family
1,134
Multi-Family
0
Businesses
89
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