129 Toulon CtFairview HeightsIL62208
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 Fairview Heights at 129 Toulon Ct, Fairview Heights, IL, 62208 generates $1,666/mo in rent, after a $1,517/mo payment. Total monthly income is $1,666/mo. Return on cash invested sits at 14.26% in year one, and rental yield is 6.45% on a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 73.56% and total cumulative return in cash sums $75,595. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,666/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
9,583 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Traci L Fietsam • RE/MAX Alliance
Mls Name: MARIS
Mls ID: #26003631