600 W Collins St, Goreville, IL, 62939 | $97/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Goreville at 600 W Collins St, Goreville, IL, 62939 priced at $122,000 converts $943/mo rent into $97/mo cash flow after a $597/mo obligation. Total monthly income equals $943/mo, and annual cash flow totals $1,163/yr on $40,443 invested. Return on cash invested prints 22.78% in year one, and rental yield reads 9.28% against a $122,000 entry. Equity gained on principal adds $787/yr, while 5% annual appreciation compiles into $33,706 by year five. Five-year ROI reaches 119.25% and total cumulative return in cash sums $48,227. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $943/mo property income covering a $597/mo payment, not borrower’s personal income.

Single Family

Built in 1960

0.70 Acres lot

$N/A/sqft

No HOA