109 Miller CtValmeyerIL62295
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
Investment Highlights
Rental property for sale in Valmeyer at 109 Miller Ct, Valmeyer, IL, 62295 priced at $285,000 converts $2,009/mo rent into $32/mo cash flow after a $1,395/mo obligation. Total monthly income equals $2,009/mo, and annual cash flow totals $385/yr on $94,478 invested. Return on cash invested prints 20.32% in year one, and rental yield reads 8.46% against a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation compiles into $78,740 by year five. Five-year ROI reaches 106.04% and total cumulative return in cash sums $100,182. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,009/mo property income covering a $1,395/mo payment, not borrower’s personal income.
Single Family
Built in 1995
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62295, Valmeyer, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 616 (100%) |
| Owner Occupied HU | 460 (74.7%) |
| Renter Occupied HU | 77 (12.5%) |
| Vacant Housing Units | 79 (12.8%) |
| Median Home Value | $209,551 |
| Average Home Value | $248,255 |
Housing Distribution
Address Breakdown
Residential
554
Single Family
554
Multi-Family
0
Businesses
26
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brooke Mitchell • Keller Williams Pinnacle
Mls Name: MARIS
Mls Provider:
Mls ID: #25028691
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#197)