106 Flower DrAlbionIL62806
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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
Rental property for sale in Albion at 106 Flower Dr, Albion, IL, 62806 priced at $360,000 converts $2,927/mo rent into $430/mo cash flow after a $1,762/mo obligation. Total monthly income equals $2,927/mo, and annual cash flow totals $5,160/yr on $119,340 invested. Return on cash invested prints 24.23% in year one, and rental yield reads 9.76% against a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation compiles into $99,461 by year five. Five-year ROI reaches 126.99% and total cumulative return in cash sums $151,545. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,927/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Single Family
Built in 2016
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62806, Albion, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,484 (100%) |
| Owner Occupied HU | 1,010 (68.1%) |
| Renter Occupied HU | 299 (20.1%) |
| Vacant Housing Units | 175 (11.8%) |
| Median Home Value | $114,286 |
| Average Home Value | $158,649 |
Housing Distribution
Address Breakdown
Residential
1,412
Single Family
1,401
Multi-Family
11
Businesses
124
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