2013 Grand Ave, Granite City, IL 62040

8 bd · 4 ba · 3,925 sqft · built 1901 · Granite City · MULTI_FAMILY·source listing ↗

$65,000

rent, three ways

OnePercent model (vv1)$2,117/mo

wide honest range — HUD/comp anchors · $260–$2,117

HUD Fair Market Rent · 62040 · 8BR—

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Madison

Flood risk indexVery High FEMA NRI

Median household income$60,031

Median area rent$910/mo

Median home value$112,000

Intrinsic value · income approach

$217,402

70% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.