615 Saint Peter DrGodfreyIL62035
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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 Godfrey at 615 Saint Peter Dr, Godfrey, IL, 62035 with 5% annual appreciation on a $195,000 basis while $1,847/mo rent supports operations. Total monthly income totals $1,847/mo and a $954/mo payment preserves $495/mo for cash returns. Annual cash flow comes to $5,938/yr on $64,643 deployed, and return on cash invested reaches 29.1% in year one. Equity gained on principal adds $1,258/yr, and five-year appreciation sums $53,875 alongside rental yield of 11.37%. Five-year ROI measures 153.09% and total cumulative return in cash totals $98,962.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,847/mo property income versus a $954/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1968
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62035, Godfrey, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,080 (100%) |
| Owner Occupied HU | 5,331 (75.3%) |
| Renter Occupied HU | 1,248 (17.6%) |
| Vacant Housing Units | 501 ( 7.1%) |
| Median Home Value | $240,158 |
| Average Home Value | $281,650 |
Housing Distribution
Address Breakdown
Residential
7,101
Single Family
6,784
Multi-Family
317
Businesses
389
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Listed by: Antione E Williams • Tarrant And Harman Real Estate
Mls Name: MARIS
Mls Provider:
Mls ID: #25036255
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