462 Knoxville TrlAlphaIL61413
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 462 Knoxville Trl, Alpha, IL, 61413 in Alpha: $1,357/mo in rent, $393/mo in net income, 11.72% gross yield, 2.17 DSCR, all at $139,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $38,403 in appreciation and $1,280/yr in principal paydown projects total cumulative return of $78,488.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 8.0% |
| Monthly Cash Flow | $393 | $250 |
City averages based on Alpha market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,357 |
| Total Monthly Debt Service | $909 |
| DSCR Ratio | 1.49x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
2.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61413, Alpha, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 488 (100%) |
| Owner Occupied HU | 371 (76.0%) |
| Renter Occupied HU | 67 (13.7%) |
| Vacant Housing Units | 50 (10.2%) |
| Median Home Value | $152,841 |
| Average Home Value | $179,434 |
Housing Distribution
Address Breakdown
Residential
256
Single Family
256
Multi-Family
0
Businesses
31
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
Single Family
Built in N/A
2.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61413, Alpha, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 488 (100%) |
| Owner Occupied HU | 371 (76.0%) |
| Renter Occupied HU | 67 (13.7%) |
| Vacant Housing Units | 50 (10.2%) |
| Median Home Value | $152,841 |
| Average Home Value | $179,434 |
Housing Distribution
Address Breakdown
Residential
256
Single Family
256
Multi-Family
0
Businesses
31
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices