810 E Main StWest FrankfortIL62896
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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 West Frankfort at 810 E Main St, West Frankfort, IL, 62896 offers a 10.74% rental yield on a $149,000 purchase with $1,334/mo rent. Total monthly income registers $1,334/mo, and a $729/mo payment leaves $301/mo available for distribution. Annual cash flow reaches $3,609/yr on $49,394 to close, and return on cash invested stands at 27.22% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,166 over five years. Portfolio math shows five-year ROI at 143.03% and total cumulative return in cash at $70,648. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,334/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
8,276 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: DEBORAH MCBRIDE • C21 HOUSE OF REALTY, INC.
Mls Name: MRED as distributed by MLS GRID
Mls ID: #EB457624