307 W 5th StWest FrankfortIL62896
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 307 W 5th St, West Frankfort, IL, 62896 in West Frankfort hard to pass up. The 17.46% gross yield on a $110,000 purchase results in $1,601/mo in rent and $838/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (3.23). Annual cash flow of $10,054, five-year appreciation of $30,391, and $1,013/yr in equity build-up combine for a projected total cumulative return of $96,001.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17.5% | 9.0% |
| Monthly Cash Flow | $838 | $600 |
City averages based on West Frankfort market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,601 |
| Total Monthly Debt Service | $719 |
| DSCR Ratio | 2.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1929
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62896, West Frankfort, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,905 (100%) |
| Owner Occupied HU | 3,622 (61.3%) |
| Renter Occupied HU | 1,438 (24.4%) |
| Vacant Housing Units | 845 (14.3%) |
| Median Home Value | $103,738 |
| Average Home Value | $209,718 |
Housing Distribution
Address Breakdown
Residential
5,100
Single Family
4,925
Multi-Family
175
Businesses
345
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
Single Family
Built in 1929
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62896, West Frankfort, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,905 (100%) |
| Owner Occupied HU | 3,622 (61.3%) |
| Renter Occupied HU | 1,438 (24.4%) |
| Vacant Housing Units | 845 (14.3%) |
| Median Home Value | $103,738 |
| Average Home Value | $209,718 |
Housing Distribution
Address Breakdown
Residential
5,100
Single Family
4,925
Multi-Family
175
Businesses
345
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices