508 N Van Buren StWest FrankfortIL62896
Nearby investment properties with comparable rents
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
Investment property for sale in West Frankfort at 508 N Van Buren St, West Frankfort, IL, 62896 at $139,900 posts ROI 22.76% with $110/mo cash flow from $1,081/mo rent. Total monthly income equals $1,081/mo, and annual cash flow records $1,324/yr on $46,377 to close. Return on cash invested measures 22.76% and rental yield reads 9.27% at the current $139,900. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 by year five. Five-year ROI prints 119.21% and total cumulative return in cash totals $55,287.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,081/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
7,800 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: Brett Videon • RE/MAX INTEGRITY
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB455271
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.