4105 Alby StAltonIL62002
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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 4105 Alby St, Alton, IL, 62002 priced at $165,000 pairs $1,674/mo rent with $519/mo cash flow after a $808/mo payment. Total monthly income equals $1,674/mo, and annual cash flow comes to $6,224/yr on $54,698 invested. Return on cash invested is 31.29% in year one, and rental yield stands at 12.17% on a $165,000 basis. Equity gained on principal adds $1,065/yr, and 5% annual appreciation accumulates to $45,586 by year five. Five-year ROI measures 164.96% and total cumulative return in cash reaches $90,227. For financing, Ziffy Mortgage’s DSCR program evaluates $1,674/mo property income against a $808/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1952
0.29 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: Jon Blake Hoffman • Re/Max River Bend
Mls Name: MARIS
Mls Provider:
Mls ID: #24063503
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