2332 42nd AveAledoIL61231
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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
Rental property for sale in Aledo at 2332 42nd Ave, Aledo, IL, 61231 generates $1,148/mo in rent and, after a $710/mo payment, leaves $142/mo in cash flow. Total monthly income is $1,148/mo, and annual cash flow is $1,703/yr on $48,068 invested. Return on cash invested sits at 23.45% in year one, and rental yield is 9.5% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 122.82% and total cumulative return in cash sums $59,036. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,148/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61231, Aledo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,508 (100%) |
| Owner Occupied HU | 1,665 (66.4%) |
| Renter Occupied HU | 585 (23.3%) |
| Vacant Housing Units | 258 (10.3%) |
| Median Home Value | $155,101 |
| Average Home Value | $175,066 |
Housing Distribution
Address Breakdown
Residential
2,314
Single Family
2,155
Multi-Family
159
Businesses
240
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