9900 State Route 146 EGrantsburgIL62943
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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 Grantsburg at 9900 State Route 146 E, Grantsburg, IL, 62943 generates $1,532/mo in rent and, after a $807/mo payment, leaves $388/mo in cash flow. Total monthly income is $1,532/mo, and annual cash flow is $4,660/yr on $54,664 invested. Return on cash invested sits at 28.43% in year one, and rental yield is 11.15% on a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 149.61% and total cumulative return in cash sums $81,784. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,532/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62943, Grantsburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 325 (100%) |
| Owner Occupied HU | 220 (67.7%) |
| Renter Occupied HU | 49 (15.1%) |
| Vacant Housing Units | 56 (17.2%) |
| Median Home Value | $146,875 |
| Average Home Value | $179,547 |
Housing Distribution
Address Breakdown
Residential
280
Single Family
280
Multi-Family
0
Businesses
9
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Listed by: Lynn D Beasley • Midwest Real Estate
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB456121
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.