507 6th Ave #2FultonIL61252
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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
Investment property for sale in Fulton at 507 6th Ave #2, Fulton, IL, 61252 listed at $189,999 pairs $1,440/mo rent with a $930/mo payment to leave $122/mo cash flow. Total monthly income runs $1,440/mo, and annual cash flow reaches $1,465/yr on $62,985 cash to close. Return on cash invested measures 22.23% in year one, and rental yield registers 9.09% at a $189,999 basis. Equity gained on principal adds $1,226/yr, and annual property appreciation at 5% supports $52,493 by year five. Five-year ROI tracks 116.37% and total cumulative return in cash totals $73,296. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,440/mo property income relative to a $930/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1930
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61252, Fulton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,613 (100%) |
| Owner Occupied HU | 1,876 (71.8%) |
| Renter Occupied HU | 472 (18.1%) |
| Vacant Housing Units | 265 (10.1%) |
| Median Home Value | $164,495 |
| Average Home Value | $221,247 |
Housing Distribution
Address Breakdown
Residential
2,458
Single Family
2,395
Multi-Family
63
Businesses
203
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