124 E Union StEdwardsvilleIL62025
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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 Edwardsville at 124 E Union St, Edwardsville, IL, 62025 offers a 13.22% rental yield on a $295,000 purchase with $3,250/mo rent. Total monthly income registers $3,250/mo, and a $1,444/mo payment leaves $1,054/mo available for distribution. Annual cash flow reaches $12,644/yr on $97,793 to close, and return on cash invested stands at 32.84% in year one. Equity gained on principal adds $1,904/yr while 5% annual appreciation supports $81,503 over five years. Portfolio math shows five-year ROI at 173.82% and total cumulative return in cash at $169,982. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,250/mo property income against a $1,444/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
800 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62025, Edwardsville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,931 (100%) |
| Owner Occupied HU | 9,974 (66.8%) |
| Renter Occupied HU | 3,684 (24.7%) |
| Vacant Housing Units | 1,273 ( 8.5%) |
| Median Home Value | $344,085 |
| Average Home Value | $380,272 |
Housing Distribution
Address Breakdown
Residential
14,276
Single Family
13,541
Multi-Family
735
Businesses
1,275
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Listed by: Jen L Teske • Re/Max Alliance
Mls Name: MARIS
Mls Provider:
Mls ID: #24065628
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