1007 N Bluff 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
Rental property for sale in Albany at 1007 N Bluff St, Albany, IL, 61230 priced at $237,500 converts $2,033/mo rent into $386/mo cash flow after a $1,162/mo obligation. Total monthly income equals $2,033/mo, and annual cash flow totals $4,633/yr on $78,731 invested. Return on cash invested prints 25.79% in year one, and rental yield reads 10.27% against a $237,500 entry. Equity gained on principal adds $1,533/yr, while 5% annual appreciation compiles into $65,617 by year five. Five-year ROI reaches 135.43% and total cumulative return in cash sums $106,629. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,033/mo property income covering a $1,162/mo payment, not borrower’s personal income.
Single Family
Built in 1964
0.47 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: Lisa Edwards • Ruhl&Ruhl REALTORS Moline
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4265411
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