3512 Wickenhauser AveAltonIL62002
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 Alton at 3512 Wickenhauser Ave, Alton, IL, 62002 earns $62/mo cash flow from $790/mo rent with a $514/mo payment. Total monthly income totals $790/mo, and annual cash flow totals $739/yr on $34,808 capital. ROI tracks 22.03% on current figures, and rental yield reads 9.03% at a $105,000 purchase. Equity gained on principal adds $678/yr, and 5% annual appreciation supports $29,010 over five years. Five-year ROI reaches 115.29% and total cumulative return in cash sums $40,130. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $790/mo property income instead of your personal income.
Single Family
Built in 1946
6,372 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62002, Alton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,063 (100%) |
| Owner Occupied HU | 8,686 (57.7%) |
| Renter Occupied HU | 4,521 (30.0%) |
| Vacant Housing Units | 1,856 (12.3%) |
| Median Home Value | $140,313 |
| Average Home Value | $198,082 |
Housing Distribution
Address Breakdown
Residential
13,601
Single Family
12,833
Multi-Family
768
Businesses
1,120
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices