404 N Cherry StWest FrankfortIL62896
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 West Frankfort at 404 N Cherry St, West Frankfort, IL, 62896 earns $425/mo cash flow from $1,670/mo rent with a $879/mo payment. Total monthly income totals $1,670/mo, and annual cash flow totals $5,094/yr on $59,504 capital. ROI tracks 28.47% on current figures, and rental yield reads 11.16% at a $179,500 purchase. Equity gained on principal adds $1,158/yr, and 5% annual appreciation supports $49,593 over five years. Five-year ROI reaches 149.76% and total cumulative return in cash sums $89,116. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,670/mo property income instead of your personal income.
Manufactured
Built in 1999
0.42 Acres 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
Listed by: Brandi Champley • VIP Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB456085
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.