N Knox Rd #1600-EAltonaIL61414
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Altona at N Knox Rd #1600-E, Altona, IL, 61414 projects strong ROI of -6.81%. Rental yield 0%. With 5% annual appreciation, the property builds $572,570 in value over five years. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.5% |
| Monthly Cash Flow | $0 | $300 |
City averages based on Altona market data in our database. Property projections are estimates.
Single Family
Built in N/A
180.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61414, Altona, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 358 (100%) |
| Owner Occupied HU | 280 (78.2%) |
| Renter Occupied HU | 48 (13.4%) |
| Vacant Housing Units | 30 ( 8.4%) |
| Median Home Value | $112,037 |
| Average Home Value | $136,027 |
Housing Distribution
Address Breakdown
Residential
162
Single Family
162
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in N/A
180.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61414, Altona, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 358 (100%) |
| Owner Occupied HU | 280 (78.2%) |
| Renter Occupied HU | 48 (13.4%) |
| Vacant Housing Units | 30 ( 8.4%) |
| Median Home Value | $112,037 |
| Average Home Value | $136,027 |
Housing Distribution
Address Breakdown
Residential
162
Single Family
162
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices