601 State Route 161 WAlbersIL62215
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play601 State Route 161 W, Albers, IL, 62215 in Albers is priced for appreciation, not yield. Rental yield 4.58%. At $283,000 with a 4.58% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $78,188 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.85) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $51,422.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.6% | 6.0% |
| Monthly Cash Flow | $(883) | $200 |
City averages based on Albers market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,080 |
| Total Monthly Debt Service | $1,850 |
| DSCR Ratio | 0.58x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1958
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62215, Albers, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 632 (100%) |
| Owner Occupied HU | 523 (82.8%) |
| Renter Occupied HU | 93 (14.7%) |
| Vacant Housing Units | 16 ( 2.5%) |
| Median Home Value | $227,557 |
| Average Home Value | $259,799 |
Housing Distribution
Address Breakdown
Residential
289
Single Family
289
Multi-Family
0
Businesses
33
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
Single Family
Built in 1958
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62215, Albers, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 632 (100%) |
| Owner Occupied HU | 523 (82.8%) |
| Renter Occupied HU | 93 (14.7%) |
| Vacant Housing Units | 16 ( 2.5%) |
| Median Home Value | $227,557 |
| Average Home Value | $259,799 |
Housing Distribution
Address Breakdown
Residential
289
Single Family
289
Multi-Family
0
Businesses
33
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices