610 Rotary StGillespieIL62033
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
Investment Highlights
Rental property for sale in Gillespie at 610 Rotary St, Gillespie, IL, 62033 offers $2,322/mo rent that, after a $1,610/mo payment, leaves $40/mo cash flow. Total monthly income is $2,322/mo, and annual cash flow is $483/yr on $109,064 cash. Return on cash invested measures 20.35% in year one, and rental yield stands at 8.47% at a $329,000 entry. Equity gained on principal adds $2,123/yr while 5% annual appreciation compounds into $90,897 by year five. Five-year ROI records 106.22% and total cumulative return in cash reaches $115,845. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,322/mo property income versus a $1,610/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
1.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62033, Gillespie, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,279 (100%) |
| Owner Occupied HU | 1,466 (64.3%) |
| Renter Occupied HU | 471 (20.7%) |
| Vacant Housing Units | 342 (15.0%) |
| Median Home Value | $116,905 |
| Average Home Value | $157,456 |
Housing Distribution
Address Breakdown
Residential
2,007
Single Family
2,003
Multi-Family
4
Businesses
124
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