464 W Rosedale DrEast AltonIL62024
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
Investment Highlights
Total monthly income runs $870/mo, and a $636/mo payment. Purchase price stands at $130,000, and rental yield measures 8.03% with $870/mo rent. Return on cash invested shows 19.03% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 99.16% and total cumulative return in cash records $42,735. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $870/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62024, East Alton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,540 (100%) |
| Owner Occupied HU | 2,731 (60.2%) |
| Renter Occupied HU | 1,419 (31.3%) |
| Vacant Housing Units | 390 ( 8.6%) |
| Median Home Value | $117,582 |
| Average Home Value | $173,868 |
Housing Distribution
Address Breakdown
Residential
4,177
Single Family
3,914
Multi-Family
263
Businesses
267
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Barnhart • RE/MAX Alliance
Mls Name: MARIS
Mls ID: #26003528