7924 Riepe Ridge RdMetropolisIL62960
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
Investment property for sale in Metropolis at 7924 Riepe Ridge Rd, Metropolis, IL, 62960 at $164,000 posts ROI 31.24% with $513/mo cash flow from $1,651/mo rent. Total monthly income equals $1,651/mo, and annual cash flow records $6,158/yr on $54,366 to close. Return on cash invested measures 31.24% and rental yield reads 12.08% at the current $164,000. Equity gained on principal adds $1,058/yr, and 5% annual appreciation supports $45,310 by year five. Five-year ROI prints 164.66% and total cumulative return in cash totals $89,517.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,651/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1995
5.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62960, Metropolis, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,400 (100%) |
| Owner Occupied HU | 3,499 (64.8%) |
| Renter Occupied HU | 1,123 (20.8%) |
| Vacant Housing Units | 778 (14.4%) |
| Median Home Value | $141,240 |
| Average Home Value | $169,498 |
Housing Distribution
Address Breakdown
Residential
4,716
Single Family
4,657
Multi-Family
59
Businesses
411
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephen W Grimes • GIA REAL ESTATE, INC.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB453978
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.