227 Alamosa DrFreeburgIL62243
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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 Freeburg at 227 Alamosa Dr, Freeburg, IL, 62243 offers a 12.29% rental yield on a $220,800 purchase with $2,261/mo rent. Total monthly income registers $2,261/mo, and a $1,081/mo payment leaves $729/mo available for distribution. Annual cash flow reaches $8,750/yr on $73,195 to close, and return on cash invested stands at 31.86% in year one. Equity gained on principal adds $1,425/yr while 5% annual appreciation supports $61,003 over five years. Portfolio math shows five-year ROI at 167.99% and total cumulative return in cash at $122,962. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,261/mo property income against a $1,081/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62243, Freeburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,453 (100%) |
| Owner Occupied HU | 1,948 (79.4%) |
| Renter Occupied HU | 340 (13.9%) |
| Vacant Housing Units | 165 ( 6.7%) |
| Median Home Value | $316,312 |
| Average Home Value | $332,109 |
Housing Distribution
Address Breakdown
Residential
2,430
Single Family
2,430
Multi-Family
0
Businesses
201
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