301 N Alexander StRobinsonIL62454
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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 Robinson at 301 N Alexander St, Robinson, IL, 62454 priced at $240,000 pairs $1,138/mo rent with after a $1,175/mo payment. Total monthly income equals $1,138/mo. Return on cash invested is 11.96% in year one, and rental yield stands at 5.69% on a $240,000 basis. Equity gained on principal adds $1,549/yr, and 5% annual appreciation accumulates to $66,308 by year five. Five-year ROI measures 61.19% and total cumulative return in cash reaches $48,686. For financing, Ziffy Mortgage’s DSCR program evaluates $1,138/mo property income against a $1,175/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1965
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62454, Robinson, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,909 (100%) |
| Owner Occupied HU | 3,227 (65.7%) |
| Renter Occupied HU | 958 (19.5%) |
| Vacant Housing Units | 724 (14.7%) |
| Median Home Value | $159,728 |
| Average Home Value | $206,626 |
Housing Distribution
Address Breakdown
Residential
4,449
Single Family
4,289
Multi-Family
160
Businesses
463
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