607 S Alexander StAtlantaIL61723
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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 Atlanta at 607 S Alexander St, Atlanta, IL, 61723 offers a 0% rental yield on a $187,200 purchase with $0/mo rent. 19% in year one. Equity gained on principal adds $1,208/yr while 5% annual appreciation supports $51,720 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $916/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61723, Atlanta, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,111 (100%) |
| Owner Occupied HU | 804 (72.4%) |
| Renter Occupied HU | 211 (19.0%) |
| Vacant Housing Units | 96 ( 8.6%) |
| Median Home Value | $140,051 |
| Average Home Value | $171,620 |
Housing Distribution
Address Breakdown
Residential
729
Single Family
729
Multi-Family
0
Businesses
68
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No similar rental properties found nearby.
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