909 North 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
Investment property for sale in West Frankfort at 909 North Rd, West Frankfort, IL, 62896 offers a 11.7% rental yield on a $170,000 purchase with $1,657/mo rent. Total monthly income registers $1,657/mo, and a $832/mo payment leaves $478/mo available for distribution. Annual cash flow reaches $5,735/yr on $56,355 to close, and return on cash invested stands at 30.09% in year one. Equity gained on principal adds $1,097/yr while 5% annual appreciation supports $46,968 over five years. Portfolio math shows five-year ROI at 158.38% and total cumulative return in cash at $89,253. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,657/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
0.54 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: Kurt Avripas • Avripas Southern Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #EB459066