802-812 SW 9th St #6AledoIL61231
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 3.51% gross rental yield, 802-812 SW 9th St #6, Aledo, IL, 61231 in Aledo is priced for capital growth, not immediate cash flow. The $285,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $78,740 by year five, with $2,625/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.65) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $35,471.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.5% | 6.0% |
| Monthly Cash Flow | $(1,143) | $300 |
City averages based on Aledo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $834 |
| Total Monthly Debt Service | $1,863 |
| DSCR Ratio | 0.45x |
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.
Multi Family
Built in 1971
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61231, Aledo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,508 (100%) |
| Owner Occupied HU | 1,665 (66.4%) |
| Renter Occupied HU | 585 (23.3%) |
| Vacant Housing Units | 258 (10.3%) |
| Median Home Value | $155,101 |
| Average Home Value | $175,066 |
Housing Distribution
Address Breakdown
Residential
2,314
Single Family
2,155
Multi-Family
159
Businesses
240
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
Multi Family
Built in 1971
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61231, Aledo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,508 (100%) |
| Owner Occupied HU | 1,665 (66.4%) |
| Renter Occupied HU | 585 (23.3%) |
| Vacant Housing Units | 258 (10.3%) |
| Median Home Value | $155,101 |
| Average Home Value | $175,066 |
Housing Distribution
Address Breakdown
Residential
2,314
Single Family
2,155
Multi-Family
159
Businesses
240
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Simmons • KW 1Advantage
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4262250
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.