604 Knox Rd #1000-NGilsonIL61436
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 604 Knox Rd #1000-N, Gilson, IL, 61436 in Gilson: $1,717/mo in rent, $684/mo net, 13.83% gross yield, all on a $149,000 acquisition. The 2.56 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $41,166 in value, and $1,372/yr in principal paydown steadily builds equity. Projected total cumulative return: $100,972.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.8% | 6.5% |
| Monthly Cash Flow | $684 | $400 |
City averages based on Gilson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,717 |
| Total Monthly Debt Service | $974 |
| DSCR Ratio | 1.76x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1982
10.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61436, Gilson, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 376 (100%) |
| Owner Occupied HU | 285 (75.8%) |
| Renter Occupied HU | 58 (15.4%) |
| Vacant Housing Units | 33 ( 8.8%) |
| Median Home Value | $210,938 |
| Average Home Value | $282,132 |
Housing Distribution
Address Breakdown
Residential
313
Single Family
313
Multi-Family
0
Businesses
6
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
Single Family
Built in 1982
10.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61436, Gilson, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 376 (100%) |
| Owner Occupied HU | 285 (75.8%) |
| Renter Occupied HU | 58 (15.4%) |
| Vacant Housing Units | 33 ( 8.8%) |
| Median Home Value | $210,938 |
| Average Home Value | $282,132 |
Housing Distribution
Address Breakdown
Residential
313
Single Family
313
Multi-Family
0
Businesses
6
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thomas L Knapp • RE/MAX Preferred Properties
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1037727
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.