1307 Kim DrO'FallonIL62269
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
Investment property for sale in O'Fallon at 1307 Kim Dr, O'Fallon, IL, 62269 uses $96,135 cash to close to unlock $9,119/yr annual cash flow and $760/mo monthly cash flow. Total monthly income runs $2,771/mo, and a $1,419/mo payment keeps the spread at $760/mo. Purchase price stands at $290,000, and rental yield measures 11.47% with $2,771/mo rent. Return on cash invested shows 29.39% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 154.67% and total cumulative return in cash records $148,696. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,771/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1968
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62269, O Fallon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,311 (100%) |
| Owner Occupied HU | 10,010 (65.4%) |
| Renter Occupied HU | 4,315 (28.2%) |
| Vacant Housing Units | 986 ( 6.4%) |
| Median Home Value | $303,987 |
| Average Home Value | $315,230 |
Housing Distribution
Address Breakdown
Residential
14,975
Single Family
13,691
Multi-Family
1,284
Businesses
1,132
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices