100 Sheppard StEast AltonIL62024
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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
Investment property for sale in East Alton at 100 Sheppard St, East Alton, IL, 62024 listed at $185,000 pairs $1,244/mo rent with a $905/mo payment. Total monthly income runs $1,244/mo. Return on cash invested measures 19.15% in year one, and rental yield registers 8.07% at a $185,000 basis. Equity gained on principal adds $1,194/yr, and annual property appreciation at 5% supports $51,112 by year five. Five-year ROI tracks 99.84% and total cumulative return in cash totals $61,227. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,244/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
5,340 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62024, East Alton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,540 (100%) |
| Owner Occupied HU | 2,731 (60.2%) |
| Renter Occupied HU | 1,419 (31.3%) |
| Vacant Housing Units | 390 ( 8.6%) |
| Median Home Value | $117,582 |
| Average Home Value | $173,868 |
Housing Distribution
Address Breakdown
Residential
4,177
Single Family
3,914
Multi-Family
263
Businesses
267
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Listed by: Susan K Cameron • Re/Max Alliance
Mls Name: MARIS
Mls ID: #25045355