785 E Elmo CtGodleyIL60407
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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 Godley at 785 E Elmo Ct, Godley, IL, 60407 listed at $130,000 pairs $1,050/mo rent with a $636/mo payment to leave $149/mo cash flow. Total monthly income runs $1,050/mo, and annual cash flow reaches $1,783/yr on $43,095 cash to close. Return on cash invested measures 24.05% in year one, and rental yield registers 9.69% at a $130,000 basis. Equity gained on principal adds $839/yr, and annual property appreciation at 5% supports $35,917 by year five. Five-year ROI tracks 126.06% and total cumulative return in cash totals $54,327. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,050/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1994
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60407, Braceville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 655 (100%) |
| Owner Occupied HU | 498 (76.0%) |
| Renter Occupied HU | 104 (15.9%) |
| Vacant Housing Units | 53 ( 8.1%) |
| Median Home Value | $223,214 |
| Average Home Value | $335,552 |
Housing Distribution
Address Breakdown
Residential
569
Single Family
569
Multi-Family
0
Businesses
26
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