715 W Webster StGriggsvilleIL62340
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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 Griggsville at 715 W Webster St, Griggsville, IL, 62340 offers a 17.93% rental yield on a $129,000 purchase with $1,927/mo rent. Total monthly income registers $1,927/mo, and a $631/mo payment leaves $1,033/mo available for distribution. Annual cash flow reaches $12,391/yr on $42,764 to close, and return on cash invested stands at 48.89% in year one. Equity gained on principal adds $832/yr while 5% annual appreciation supports $35,640 over five years. Portfolio math shows five-year ROI at 259.2% and total cumulative return in cash at $110,845. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,927/mo property income against a $631/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62340, Griggsville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 782 (100%) |
| Owner Occupied HU | 529 (67.6%) |
| Renter Occupied HU | 147 (18.8%) |
| Vacant Housing Units | 106 (13.6%) |
| Median Home Value | $111,806 |
| Average Home Value | $158,176 |
Housing Distribution
Address Breakdown
Residential
555
Single Family
555
Multi-Family
0
Businesses
51
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Listed by: Courtney Newton • LG Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1036005
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.