102 Linda DrFairview HeightsIL62208
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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
Rental property for sale in Fairview Heights at 102 Linda Dr, Fairview Heights, IL, 62208 priced at $129,900 converts $1,037/mo rent into $136/mo cash flow after a $636/mo obligation. Total monthly income equals $1,037/mo, and annual cash flow totals $1,629/yr on $43,062 invested. Return on cash invested prints 23.69% in year one, and rental yield reads 9.58% against a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation compiles into $35,889 by year five. Five-year ROI reaches 124.14% and total cumulative return in cash sums $53,455. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,037/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 1960
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62208, Fairview Heights, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,347 (100%) |
| Owner Occupied HU | 5,252 (62.9%) |
| Renter Occupied HU | 2,226 (26.7%) |
| Vacant Housing Units | 869 (10.4%) |
| Median Home Value | $185,723 |
| Average Home Value | $201,366 |
Housing Distribution
Address Breakdown
Residential
7,320
Single Family
6,782
Multi-Family
538
Businesses
859
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Listed by: Jeb E Blasingame • Keller Williams Marquee
Mls Name: MARIS
Mls ID: #26003383