3990 Humbert RdAltonIL62002
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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 Alton at 3990 Humbert Rd, Alton, IL, 62002 priced at $449,900 converts $2,196/mo rent into after a $2,202/mo obligation. Total monthly income equals $2,196/mo. Return on cash invested prints 12.47% in year one, and rental yield reads 5.86% against a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation compiles into $124,299 by year five. Five-year ROI reaches 63.94% and total cumulative return in cash sums $95,362. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,196/mo property income covering a $2,202/mo payment, not borrower’s personal income.
Single Family
Built in 1960
5.13 Acres 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
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Listed by: Becky A McGowen • Landmark Realty
Mls Name: MARIS
Mls Provider:
Mls ID: #25016074
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