405 S Logan StWest FrankfortIL62896
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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
Investment property for sale in West Frankfort at 405 S Logan St, West Frankfort, IL, 62896 with 5% annual appreciation on a $149,900 basis while $1,162/mo rent supports operations. Total monthly income totals $1,162/mo and a $734/mo payment preserves $122/mo for cash returns. Annual cash flow comes to $1,463/yr on $49,692 deployed, and return on cash invested reaches 22.85% in year one. Equity gained on principal adds $967/yr, and five-year appreciation sums $41,415 alongside rental yield of 9.3%. Five-year ROI measures 119.61% and total cumulative return in cash totals $59,435.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,162/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
7,100 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
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Listed by: DAVID G MCCOLLUM • MCCOLLUM REAL ESTATE
Mls Name: RMLS Alliance
Mls ID: #EB459649