15 Trail Lin RdgAltonIL62002
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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 Alton at 15 Trail Lin Rdg, Alton, IL, 62002 offers a 7.96% rental yield on a $447,500 purchase with $2,969/mo rent. 65% in year one. Equity gained on principal adds $2,888/yr while 5% annual appreciation supports $123,636 over five years. Portfolio math shows five-year ROI at 97.14% and total cumulative return in cash at $144,109. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,969/mo property income against a $2,190/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
3.61 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62002, Alton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,063 (100%) |
| Owner Occupied HU | 8,686 (57.7%) |
| Renter Occupied HU | 4,521 (30.0%) |
| Vacant Housing Units | 1,856 (12.3%) |
| Median Home Value | $140,313 |
| Average Home Value | $198,082 |
Housing Distribution
Address Breakdown
Residential
13,601
Single Family
12,833
Multi-Family
768
Businesses
1,120
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Listed by: Angie M Daniels • Coldwell Banker Brown Realtors
Mls Name: MARIS
Mls Provider:
Mls ID: #23062044
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