103 W King StFairfieldIL62837
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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 Fairfield at 103 W King St, Fairfield, IL, 62837 priced at $125,000 converts $953/mo rent into $86/mo cash flow after a $612/mo obligation. Total monthly income equals $953/mo, and annual cash flow totals $1,029/yr on $41,438 invested. Return on cash invested prints 22.39% in year one, and rental yield reads 9.15% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 117.18% and total cumulative return in cash sums $48,557. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $953/mo property income covering a $612/mo payment, not borrower’s personal income.
Single Family
Built in N/A
6,806 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62837, Fairfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,035 (100%) |
| Owner Occupied HU | 2,647 (65.6%) |
| Renter Occupied HU | 842 (20.9%) |
| Vacant Housing Units | 546 (13.5%) |
| Median Home Value | $121,141 |
| Average Home Value | $165,764 |
Housing Distribution
Address Breakdown
Residential
3,884
Single Family
3,623
Multi-Family
261
Businesses
426
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