120 Cheshire DrFairview HeightsIL62208
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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 Fairview Heights at 120 Cheshire Dr, Fairview Heights, IL, 62208 earns $953/mo cash flow from $3,380/mo rent with a $1,713/mo payment. Total monthly income totals $3,380/mo, and annual cash flow totals $11,431/yr on $115,992 capital. ROI tracks 29.76% on current figures, and rental yield reads 11.59% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 156.68% and total cumulative return in cash sums $181,734. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,380/mo property income instead of your personal income.
Single Family
Built in 1997
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62208, Fairview Heights, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,347 (100%) |
| Owner Occupied HU | 5,252 (62.9%) |
| Renter Occupied HU | 2,226 (26.7%) |
| Vacant Housing Units | 869 (10.4%) |
| Median Home Value | $185,723 |
| Average Home Value | $201,366 |
Housing Distribution
Address Breakdown
Residential
7,320
Single Family
6,782
Multi-Family
538
Businesses
859
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Listed by: Kara Stewart • All City Realty Group
Mls Name: MARIS
Mls ID: #25049650