104 E Lincoln AveAltamontIL62411
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
Investment Highlights
Investment property for sale in Altamont at 104 E Lincoln Ave, Altamont, IL, 62411 at $174,000 posts ROI 22.4% with $120/mo cash flow from $1,327/mo rent. Total monthly income equals $1,327/mo, and annual cash flow records $1,437/yr on $57,681 to close. Return on cash invested measures 22.4% and rental yield reads 9.15% at the current $174,000. Equity gained on principal adds $1,123/yr, and 5% annual appreciation supports $48,073 by year five. Five-year ROI prints 117.2% and total cumulative return in cash totals $67,601.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,327/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2002
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62411, Altamont, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,946 (100%) |
| Owner Occupied HU | 1,455 (74.8%) |
| Renter Occupied HU | 326 (16.8%) |
| Vacant Housing Units | 165 ( 8.5%) |
| Median Home Value | $164,718 |
| Average Home Value | $241,765 |
Housing Distribution
Address Breakdown
Residential
1,800
Single Family
1,745
Multi-Family
55
Businesses
167
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