8511 Knox RdWest 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
Total monthly income runs $2,749/mo, and a $2,540/mo payment. Purchase price stands at $519,000, and rental yield measures 6.36% with $2,749/mo rent. Return on cash invested shows 14.08% in year one, and 5% annual appreciation builds toward $143,390 over five years. Five-year ROI reaches 72.57% and total cumulative return in cash records $123,909. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,749/mo property income covering a $2,540/mo payment rather than investor’s personal income.
Single Family
Built in 2008
7.32 Acres 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: Maggie Cook • House 2 Home Realty Carterville
Mls Name: MRED as distributed by MLS GRID
Mls ID: #QC4266326