10 Apple StAlto PassIL62905
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 10 Apple St, Alto Pass, IL, 62905 in Alto Pass worth modelling. At $146,000 with a 9.31% gross yield, the $1,133/mo rent leaves $120/mo after the $657/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.72 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $40,337 by year five; $1,345/yr in principal reduction adds further equity. Total projected return: $63,555.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 8.0% |
| Monthly Cash Flow | $120 | $1,200 |
City averages based on Alto Pass market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,133 |
| Total Monthly Debt Service | $955 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1890
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62905, Alto Pass, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 322 (100%) |
| Owner Occupied HU | 247 (76.7%) |
| Renter Occupied HU | 34 (10.6%) |
| Vacant Housing Units | 41 (12.7%) |
| Median Home Value | $216,935 |
| Average Home Value | $269,919 |
Housing Distribution
Address Breakdown
Residential
244
Single Family
244
Multi-Family
0
Businesses
27
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
Single Family
Built in 1890
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62905, Alto Pass, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 322 (100%) |
| Owner Occupied HU | 247 (76.7%) |
| Renter Occupied HU | 34 (10.6%) |
| Vacant Housing Units | 41 (12.7%) |
| Median Home Value | $216,935 |
| Average Home Value | $269,919 |
Housing Distribution
Address Breakdown
Residential
244
Single Family
244
Multi-Family
0
Businesses
27
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices