1304 Eberhart AveEdwardsvilleIL62025
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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 1304 Eberhart Ave, Edwardsville, IL, 62025 uses $82,842 cash to close to unlock $81/yr annual cash flow and $7/mo monthly cash flow. Total monthly income runs $1,740/mo, and a $1,223/mo payment keeps the spread at $7/mo. Purchase price stands at $249,900, and rental yield measures 8.36% with $1,740/mo rent. Return on cash invested shows 20.01% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 104.36% and total cumulative return in cash records $86,450. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,740/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.26 Acres lot
$N/A/sqft
No 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: Jeb E Blasingame • Keller Williams Marquee
Mls Name: MARIS
Mls ID: #26003589