502 E Attica StRossvilleIL60963
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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 Rossville at 502 E Attica St, Rossville, IL, 60963 priced at $156,000 converts $1,239/mo rent into $100/mo cash flow after a $764/mo obligation. Total monthly income equals $1,239/mo, and annual cash flow totals $1,201/yr on $51,714 invested. Return on cash invested prints 22.23% in year one, and rental yield reads 9.53% against a $156,000 entry. Equity gained on principal adds $1,007/yr, while 5% annual appreciation compiles into $43,100 by year five. Five-year ROI reaches 116.85% and total cumulative return in cash sums $60,426. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,239/mo property income covering a $764/mo payment, not borrower’s personal income.
Single Family
Built in 1947
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60963, Rossville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 796 (100%) |
| Owner Occupied HU | 534 (67.1%) |
| Renter Occupied HU | 157 (19.7%) |
| Vacant Housing Units | 105 (13.2%) |
| Median Home Value | $110,054 |
| Average Home Value | $134,789 |
Housing Distribution
Address Breakdown
Residential
697
Single Family
672
Multi-Family
25
Businesses
54
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