1112 Williams StCollinsvilleIL62234
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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 1112 Williams St, Collinsville, IL, 62234 listed at $179,000 pairs $1,924/mo rent with a $876/mo payment to leave $683/mo cash flow. Total monthly income runs $1,924/mo, and annual cash flow reaches $8,190/yr on $59,339 cash to close. Return on cash invested measures 33.71% in year one, and rental yield registers 12.9% at a $179,000 basis. Equity gained on principal adds $1,155/yr, and annual property appreciation at 5% supports $49,454 by year five. Five-year ROI tracks 177.87% and total cumulative return in cash totals $105,543. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,924/mo property income relative to a $876/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
0.77 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: Reggie Resper • Brick Street Group
Mls Name: MARIS
Mls Provider:
Mls ID: #25020561
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