109-111-113 S Main StAlexisIL61412
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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 Alexis at 109-111-113 S Main St, Alexis, IL, 61412 offers a 7.76% rental yield on a $150,000 purchase with $970/mo rent. 21% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 94.73% and total cumulative return in cash at $47,106. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $970/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61412, Alexis, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 624 (100%) |
| Owner Occupied HU | 472 (75.6%) |
| Renter Occupied HU | 78 (12.5%) |
| Vacant Housing Units | 74 (11.9%) |
| Median Home Value | $102,632 |
| Average Home Value | $141,266 |
Housing Distribution
Address Breakdown
Residential
437
Single Family
426
Multi-Family
11
Businesses
38
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