604 Knox Rd #1000-NGilsonIL61436
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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
Rental property for sale in Gilson at 604 Knox Rd #1000-N, Gilson, IL, 61436 generates $1,717/mo in rent and, after a $729/mo payment, leaves $684/mo in cash flow. Total monthly income is $1,717/mo, and annual cash flow is $8,205/yr on $49,394 invested. Return on cash invested sits at 36.52% in year one, and rental yield is 13.83% on a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 192.91% and total cumulative return in cash sums $95,284. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,717/mo property income rather than buyer’s personal income.
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
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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.