504 N College AveAledoIL61231
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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 Aledo at 504 N College Ave, Aledo, IL, 61231 priced at $105,000 converts $810/mo rent into $82/mo cash flow after a $514/mo obligation. Total monthly income equals $810/mo, and annual cash flow totals $979/yr on $34,808 invested. Return on cash invested prints 22.72% in year one, and rental yield reads 9.26% against a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation compiles into $29,010 by year five. Five-year ROI reaches 118.94% and total cumulative return in cash sums $41,402. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $810/mo property income covering a $514/mo payment, not borrower’s personal income.
Townhouse
Built in 1883
0.51 Acres 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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