810 Harding AveGillespieIL62033
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
Rental property for sale in Gillespie at 810 Harding Ave, Gillespie, IL, 62033 priced at $129,900 converts $870/mo rent into after a $636/mo obligation. Total monthly income equals $870/mo. Return on cash invested prints 19.04% in year one, and rental yield reads 8.04% against a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation compiles into $35,889 by year five. Five-year ROI reaches 99.17% and total cumulative return in cash sums $42,703. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $870/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 2001
2.33 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices