3260 Altes Rd, Fults, IL, 62244 | 5.6% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Fults at 3260 Altes Rd, Fults, IL, 62244 generates $1,866/mo in rent, after a $1,957/mo payment. Total monthly income is $1,866/mo. Return on cash invested sits at 11.69% in year one, and rental yield is 5.6% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 59.78% and total cumulative return in cash sums $79,244. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,866/mo property income rather than buyer’s personal income.

Single Family

Built in 1850

10 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 62244, Fults, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	505 (100%)
Owner Occupied HU	407 (80.6%)
Renter Occupied HU	64 (12.7%)
Vacant Housing Units	34 ( 6.7%)
Median Home Value	$292,925
Average Home Value	$320,762