304 9th AveFultonIL61252
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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 Fulton at 304 9th Ave, Fulton, IL, 61252 offers a 14.29% rental yield on a $104,999 purchase with $1,250/mo rent. Total monthly income registers $1,250/mo, and a $514/mo payment leaves $522/mo available for distribution. Annual cash flow reaches $6,260/yr on $34,807 to close, and return on cash invested stands at 37.89% in year one. Equity gained on principal adds $678/yr while 5% annual appreciation supports $29,009 over five years. Portfolio math shows five-year ROI at 200.31% and total cumulative return in cash at $69,721. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,250/mo property income against a $514/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
4,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61252, Fulton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,613 (100%) |
| Owner Occupied HU | 1,876 (71.8%) |
| Renter Occupied HU | 472 (18.1%) |
| Vacant Housing Units | 265 (10.1%) |
| Median Home Value | $164,495 |
| Average Home Value | $221,247 |
Housing Distribution
Address Breakdown
Residential
2,458
Single Family
2,395
Multi-Family
63
Businesses
203
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