209 N 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 209 N Main St, Alexis, IL, 61412 with 5% annual appreciation on a $145,000 basis while $1,144/mo rent supports operations. Total monthly income totals $1,144/mo and a $710/mo payment preserves $138/mo for cash returns. Annual cash flow comes to $1,655/yr on $48,068 deployed, and return on cash invested reaches 23.35% in year one. Equity gained on principal adds $936/yr, and five-year appreciation sums $40,061 alongside rental yield of 9.47%. Five-year ROI measures 122.27% and total cumulative return in cash totals $58,772.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,144/mo property income versus a $710/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1934
0.25 Acres 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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Listed by: Amanda Weeks • Ruhl&Ruhl REALTORS Moline
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4264458
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.