200 N Church StAlbanyIL61230
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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 Albany at 200 N Church St, Albany, IL, 61230 uses $53,007 cash to close to unlock $1,374/yr annual cash flow and $115/mo monthly cash flow. Total monthly income runs $1,224/mo, and a $783/mo payment keeps the spread at $115/mo. Purchase price stands at $159,900, and rental yield measures 9.19% with $1,224/mo rent. Return on cash invested shows 22.5% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 117.78% and total cumulative return in cash records $62,430. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,224/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1986
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61230, Albany, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 552 (100%) |
| Owner Occupied HU | 427 (77.4%) |
| Renter Occupied HU | 57 (10.3%) |
| Vacant Housing Units | 68 (12.3%) |
| Median Home Value | $172,115 |
| Average Home Value | $188,478 |
Housing Distribution
Address Breakdown
Residential
403
Single Family
403
Multi-Family
0
Businesses
25
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