2336 15th AveAlexisIL61412
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2336 15th Ave, Alexis, IL, 61412 uses $54,698 cash to close to unlock $6,769/yr annual cash flow and $564/mo monthly cash flow. Total monthly income runs $1,709/mo, and a $808/mo payment keeps the spread at $564/mo. Purchase price stands at $165,000, and rental yield measures 12.43% with $1,709/mo rent. Return on cash invested shows 32.29% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 170.29% and total cumulative return in cash records $93,143. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,709/mo property income covering a $808/mo payment rather than investor’s personal income.
Single Family
Built in 1920
1.33 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sharon Esslinger • RE/MAX Country Crossroads
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4256160
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.