406 Urban StAllendaleIL62410
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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 Allendale at 406 Urban St, Allendale, IL, 62410 earns $776/mo cash flow from $1,920/mo rent with a $807/mo payment. Total monthly income totals $1,920/mo, and annual cash flow totals $9,316/yr on $54,664 capital. ROI tracks 36.95% on current figures, and rental yield reads 13.97% at a $164,900 purchase. Equity gained on principal adds $1,064/yr, and 5% annual appreciation supports $45,559 over five years. Five-year ROI reaches 195.27% and total cumulative return in cash sums $106,744. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,920/mo property income instead of your personal income.
Single Family
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62410, Allendale, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 372 (100%) |
| Owner Occupied HU | 291 (78.2%) |
| Renter Occupied HU | 44 (11.8%) |
| Vacant Housing Units | 37 ( 9.9%) |
| Median Home Value | $136,574 |
| Average Home Value | $189,373 |
Housing Distribution
Address Breakdown
Residential
298
Single Family
298
Multi-Family
0
Businesses
17
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