872 County Road 150 NGrayvilleIL62844
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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
Rental property for sale in Grayville at 872 County Road 150 N, Grayville, IL, 62844 generates $2,364/mo in rent and, after a $1,123/mo payment, leaves $772/mo in cash flow. Total monthly income is $2,364/mo, and annual cash flow is $9,269/yr on $76,079 invested. Return on cash invested sits at 32.09% in year one, and rental yield is 12.36% on a $229,500 entry. Equity gained on principal adds $1,481/yr, while 5% annual appreciation builds toward $63,407 over five years. Five-year ROI reaches 169.19% and total cumulative return in cash sums $128,718. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,364/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62844, Grayville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,051 (100%) |
| Owner Occupied HU | 747 (71.1%) |
| Renter Occupied HU | 177 (16.8%) |
| Vacant Housing Units | 127 (12.1%) |
| Median Home Value | $97,604 |
| Average Home Value | $138,076 |
Housing Distribution
Address Breakdown
Residential
854
Single Family
854
Multi-Family
0
Businesses
89
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Listed by: Ray Stallings • DHI Realty Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202423976
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.