1107 E Cleveland StWest FrankfortIL62896
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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 West Frankfort at 1107 E Cleveland St, West Frankfort, IL, 62896 priced at $153,500 converts $828/mo rent into after a $751/mo obligation. Total monthly income equals $828/mo. Return on cash invested prints 14.33% in year one, and rental yield reads 6.47% against a $153,500 entry. Equity gained on principal adds $991/yr, while 5% annual appreciation compiles into $42,409 by year five. Five-year ROI reaches 73.96% and total cumulative return in cash sums $37,633. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $828/mo property income covering a $751/mo payment, not borrower’s personal income.
Single Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62896, West Frankfort, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,905 (100%) |
| Owner Occupied HU | 3,622 (61.3%) |
| Renter Occupied HU | 1,438 (24.4%) |
| Vacant Housing Units | 845 (14.3%) |
| Median Home Value | $103,738 |
| Average Home Value | $209,718 |
Housing Distribution
Address Breakdown
Residential
5,100
Single Family
4,925
Multi-Family
175
Businesses
345
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Listed by: G. DAVID GREEN • Avripas Southern Real Estate
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB456092
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.