19193 Braggs LnWest 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
Investment property for sale in West Frankfort at 19193 Braggs Ln, West Frankfort, IL, 62896 offers a 6.57% rental yield on a $230,000 purchase with $1,260/mo rent. 63% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,545 over five years. Portfolio math shows five-year ROI at 75.54% and total cumulative return in cash at $57,595. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,260/mo property income against a $1,126/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.92 Acres 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: Robert Owsley • Southern Illinois Realty Experts Herrin
Mls Name: MRED as distributed by MLS GRID
Mls ID: #QC4268184