809 Southmoor PlGodfreyIL62035
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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
Rental property for sale in Godfrey at 809 Southmoor Pl, Godfrey, IL, 62035 priced at $145,700 pairs $1,471/mo rent with $461/mo cash flow after a $713/mo payment. Total monthly income equals $1,471/mo, and annual cash flow comes to $5,526/yr on $48,300 invested. Return on cash invested is 31.35% in year one, and rental yield stands at 12.12% on a $145,700 basis. Equity gained on principal adds $940/yr, and 5% annual appreciation accumulates to $40,254 by year five. Five-year ROI measures 165.22% and total cumulative return in cash reaches $79,800. For financing, Ziffy Mortgage’s DSCR program evaluates $1,471/mo property income against a $713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
0.42 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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