115 Jerome LnCahokiaIL62206
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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 Cahokia at 115 Jerome Ln, Cahokia, IL, 62206 listed at $219,999 pairs $1,560/mo rent with a $1,077/mo payment to leave $34/mo cash flow. Total monthly income runs $1,560/mo, and annual cash flow reaches $406/yr on $72,930 cash to close. Return on cash invested measures 20.47% in year one, and rental yield registers 8.51% at a $219,999 basis. Equity gained on principal adds $1,420/yr, and annual property appreciation at 5% supports $60,782 by year five. Five-year ROI tracks 106.82% and total cumulative return in cash totals $77,903. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,560/mo property income relative to a $1,077/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1981
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62206, East Saint Louis, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,698 (100%) |
| Owner Occupied HU | 2,364 (41.5%) |
| Renter Occupied HU | 2,253 (39.5%) |
| Vacant Housing Units | 1,081 (19.0%) |
| Median Home Value | $53,510 |
| Average Home Value | $80,649 |
Housing Distribution
Address Breakdown
Residential
4,876
Single Family
4,876
Multi-Family
0
Businesses
358
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Listed by: AnnaMarie E Cook • C & P Real Estate Services, LLC
Mls Name: MARIS
Mls Provider:
Mls ID: #25063183
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