4636 Kinoka RdAlmaIL62807
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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 Alma at 4636 Kinoka Rd, Alma, IL, 62807 offers $1,988/mo rent that, after a $2,203/mo payment. Total monthly income is $1,988/mo. Return on cash invested measures 10.79% in year one, and rental yield stands at 5.3% at a $450,000 entry. Equity gained on principal adds $2,904/yr while 5% annual appreciation compounds into $124,327 by year five. Five-year ROI records 54.94% and total cumulative return in cash reaches $81,954. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,988/mo property income versus a $2,203/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62807, Alma, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 410 (100%) |
| Owner Occupied HU | 280 (68.3%) |
| Renter Occupied HU | 55 (13.4%) |
| Vacant Housing Units | 75 (18.3%) |
| Median Home Value | $197,826 |
| Average Home Value | $255,134 |
Housing Distribution
Address Breakdown
Residential
383
Single Family
383
Multi-Family
0
Businesses
10
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Listed by: Cindy Quinn • QUINN REALTY AND PROPERTY MANAGEMENT GROUP
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB457698
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.