501 SW 3rd StAledoIL61231
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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
Total monthly income runs $988/mo, and a $1,043/mo payment. Purchase price stands at $213,000, and rental yield measures 5.57% with $988/mo rent. Return on cash invested shows 11.58% in year one, and 5% annual appreciation builds toward $58,848 over five years. Five-year ROI reaches 59.24% and total cumulative return in cash records $41,829. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $988/mo property income covering a $1,043/mo payment rather than investor’s personal income.
Multi Family
Built in 1954
5,760 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61231, Aledo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,508 (100%) |
| Owner Occupied HU | 1,665 (66.4%) |
| Renter Occupied HU | 585 (23.3%) |
| Vacant Housing Units | 258 (10.3%) |
| Median Home Value | $155,101 |
| Average Home Value | $175,066 |
Housing Distribution
Address Breakdown
Residential
2,314
Single Family
2,155
Multi-Family
159
Businesses
240
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