502 S Sunny Slope StWest FrankfortIL62896
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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 West Frankfort at 502 S Sunny Slope St, West Frankfort, IL, 62896 offers $1,178/mo rent that, after a $675/mo payment, leaves $221/mo cash flow. Total monthly income is $1,178/mo, and annual cash flow is $2,655/yr on $45,747 cash. Return on cash invested measures 25.71% in year one, and rental yield stands at 10.24% at a $138,000 entry. Equity gained on principal adds $890/yr while 5% annual appreciation compounds into $38,127 by year five. Five-year ROI records 135.03% and total cumulative return in cash reaches $61,770. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,178/mo property income versus a $675/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62896, West Frankfort, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,905 (100%) |
| Owner Occupied HU | 3,622 (61.3%) |
| Renter Occupied HU | 1,438 (24.4%) |
| Vacant Housing Units | 845 (14.3%) |
| Median Home Value | $103,738 |
| Average Home Value | $209,718 |
Housing Distribution
Address Breakdown
Residential
5,100
Single Family
4,925
Multi-Family
175
Businesses
345
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Listed by: Kurt Avripas • Avripas Southern Real Estate
Mls Name: RMLS Alliance
Mls ID: #EB459655