108 Mesa DrCollinsvilleIL62234
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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 Collinsville at 108 Mesa Dr, Collinsville, IL, 62234 earns $53/mo cash flow from $1,717/mo rent with a $1,174/mo payment. Total monthly income totals $1,717/mo, and annual cash flow totals $638/yr on $79,527 capital. ROI tracks 20.71% on current figures, and rental yield reads 8.59% at a $239,900 purchase. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 over five years. Five-year ROI reaches 108.17% and total cumulative return in cash sums $86,023. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,717/mo property income instead of your personal income.
Single Family
Built in 1933
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62234, Collinsville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,774 (100%) |
| Owner Occupied HU | 9,509 (64.4%) |
| Renter Occupied HU | 4,163 (28.2%) |
| Vacant Housing Units | 1,102 ( 7.5%) |
| Median Home Value | $174,788 |
| Average Home Value | $221,394 |
Housing Distribution
Address Breakdown
Residential
14,239
Single Family
13,831
Multi-Family
408
Businesses
860
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Listed by: Bradley Hasquin • eXp Realty
Mls Name: MARIS
Mls ID: #25079548