1029 Meadows CtMaryvilleIL62062
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 1029 Meadows Ct, Maryville, IL, 62062 in Maryville achieves a 1.53 ratio at $325,000: $2,234/mo rent versus $1,461/mo debt service. Rental yield 8.25%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 8.25% yield compounds alongside 5% annual appreciation projecting $89,792 in value. Total projected cumulative return: $123,042.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 7.0% |
| Monthly Cash Flow | $(20) | $150 |
City averages based on Maryville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,234 |
| Total Monthly Debt Service | $2,125 |
| DSCR Ratio | 1.05x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1994
10,402 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62062, Maryville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,635 (100%) |
| Owner Occupied HU | 2,806 (77.2%) |
| Renter Occupied HU | 682 (18.8%) |
| Vacant Housing Units | 147 ( 4.0%) |
| Median Home Value | $269,831 |
| Average Home Value | $281,955 |
Housing Distribution
Address Breakdown
Residential
3,626
Single Family
3,524
Multi-Family
102
Businesses
375
Nearby investment properties with comparable rents
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 1994
10,402 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62062, Maryville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,635 (100%) |
| Owner Occupied HU | 2,806 (77.2%) |
| Renter Occupied HU | 682 (18.8%) |
| Vacant Housing Units | 147 ( 4.0%) |
| Median Home Value | $269,831 |
| Average Home Value | $281,955 |
Housing Distribution
Address Breakdown
Residential
3,626
Single Family
3,524
Multi-Family
102
Businesses
375
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices