504 N Bond StAltamontIL62411
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Rental property for sale in Altamont at 504 N Bond St, Altamont, IL, 62411 priced at $115,900 converts $0/mo rent into after a $567/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -5.19% in year one, and rental yield reads 0% against a $115,900 entry. Equity gained on principal adds $748/yr, while 5% annual appreciation compiles into $32,021 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $567/mo payment, not borrower’s personal income.
Single Family
Built in 1939
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62411, Altamont, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,946 (100%) |
| Owner Occupied HU | 1,455 (74.8%) |
| Renter Occupied HU | 326 (16.8%) |
| Vacant Housing Units | 165 ( 8.5%) |
| Median Home Value | $164,718 |
| Average Home Value | $241,765 |
Housing Distribution
Address Breakdown
Residential
1,800
Single Family
1,745
Multi-Family
55
Businesses
167
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
