800 Frey StGillespieIL62033
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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 Gillespie at 800 Frey St, Gillespie, IL, 62033 earns $147/mo cash flow from $1,104/mo rent with a $675/mo payment. Total monthly income totals $1,104/mo, and annual cash flow totals $1,767/yr on $45,747 capital. ROI tracks 23.77% on current figures, and rental yield reads 9.6% at a $137,999 purchase. Equity gained on principal adds $890/yr, and 5% annual appreciation supports $38,127 over five years. Five-year ROI reaches 124.64% and total cumulative return in cash sums $57,018. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,104/mo property income instead of your personal income.
Single Family
Built in 1940
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62033, Gillespie, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,279 (100%) |
| Owner Occupied HU | 1,466 (64.3%) |
| Renter Occupied HU | 471 (20.7%) |
| Vacant Housing Units | 342 (15.0%) |
| Median Home Value | $116,905 |
| Average Home Value | $157,456 |
Housing Distribution
Address Breakdown
Residential
2,007
Single Family
2,003
Multi-Family
4
Businesses
124
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Listed by: Jake L Kline • eXp Realty
Mls Name: MARIS
Mls Provider:
Mls ID: #25019379
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