603 15th AveFultonIL61252
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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 603 15th Ave, Fulton, IL, 61252 uses $49,394 cash to close to unlock $1,389/yr annual cash flow and $116/mo monthly cash flow. Total monthly income runs $1,149/mo, and a $729/mo payment keeps the spread at $116/mo. Purchase price stands at $149,000, and rental yield measures 9.25% with $1,149/mo rent. Return on cash invested shows 22.72% in year one, and 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 118.93% and total cumulative return in cash records $58,744. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,149/mo property income covering a $729/mo payment rather than investor’s personal income.
Single Family
Built in 1890
7,840 sqft 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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