993 Us Route 34GladstoneIL61437
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 993 Us Route 34, Gladstone, IL, 61437 in Gladstone is priced for capital growth, not immediate cash flow. The $264,900 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $73,187 by year five, with $2,440/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 5.0% |
| Monthly Cash Flow | $0 | $150 |
City averages based on Gladstone market data in our database. Property projections are estimates.
Single Family
Built in 2008
11.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61437, Gladstone, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 461 (100%) |
| Owner Occupied HU | 328 (71.1%) |
| Renter Occupied HU | 57 (12.4%) |
| Vacant Housing Units | 76 (16.5%) |
| Median Home Value | $157,237 |
| Average Home Value | $152,363 |
Housing Distribution
Address Breakdown
Residential
242
Single Family
241
Multi-Family
1
Businesses
15
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 2008
11.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61437, Gladstone, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 461 (100%) |
| Owner Occupied HU | 328 (71.1%) |
| Renter Occupied HU | 57 (12.4%) |
| Vacant Housing Units | 76 (16.5%) |
| Median Home Value | $157,237 |
| Average Home Value | $152,363 |
Housing Distribution
Address Breakdown
Residential
242
Single Family
241
Multi-Family
1
Businesses
15
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices