1006 S Church StAlbanyIL61230
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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 Albany at 1006 S Church St, Albany, IL, 61230 listed at $238,000 pairs $1,553/mo rent with a $1,165/mo payment. Total monthly income runs $1,553/mo. Return on cash invested measures 18.42% in year one, and rental yield registers 7.83% at a $238,000 basis. Equity gained on principal adds $1,536/yr, and annual property appreciation at 5% supports $65,755 by year five. Five-year ROI tracks 95.9% and total cumulative return in cash totals $75,658. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,553/mo property income relative to a $1,165/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1961
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61230, Albany, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 552 (100%) |
| Owner Occupied HU | 427 (77.4%) |
| Renter Occupied HU | 57 (10.3%) |
| Vacant Housing Units | 68 (12.3%) |
| Median Home Value | $172,115 |
| Average Home Value | $188,478 |
Housing Distribution
Address Breakdown
Residential
403
Single Family
403
Multi-Family
0
Businesses
25
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Listed by: Regen Johnson • Ruhl&Ruhl REALTORS Davenport
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4267558
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.