1374 Biscay DrEdwardsvilleIL62025
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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 1374 Biscay Dr, Edwardsville, IL, 62025 uses $132,600 cash to close to unlock $100/yr annual cash flow and $8/mo monthly cash flow. Total monthly income runs $2,783/mo, and a $1,958/mo payment keeps the spread at $8/mo. Purchase price stands at $400,000, and rental yield measures 8.35% with $2,783/mo rent. Return on cash invested shows 19.98% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 104.25% and total cumulative return in cash records $138,232. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,783/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Single Family
Built in 2005
0.37 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: Kelly A May-Bramlet • Coldwell Banker Brown Realtors
Mls Name: MARIS
Mls ID: #25046398