6550 S Davis LnGodfreyIL62035
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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 6550 S Davis Ln, Godfrey, IL, 62035 earns from $2,072/mo rent with a $4,649/mo payment. Total monthly income totals $2,072/mo. ROI tracks 2.72% on current figures, and rental yield reads 2.62% at a $949,900 purchase. Equity gained on principal adds $6,130/yr, and 5% annual appreciation supports $262,440 over five years. Five-year ROI reaches 11.61% and total cumulative return in cash sums $36,294. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,072/mo property income instead of your personal income.
Single Family
Built in 2011
17.83 Acres 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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