15 Kyle DrCollinsvilleIL62234
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 Collinsville at 15 Kyle Dr, Collinsville, IL, 62234 priced at $297,500 converts $2,542/mo rent into $479/mo cash flow after a $1,456/mo obligation. Total monthly income equals $2,542/mo, and annual cash flow totals $5,743/yr on $98,621 invested. Return on cash invested prints 25.73% in year one, and rental yield reads 10.25% against a $297,500 entry. Equity gained on principal adds $1,920/yr, while 5% annual appreciation compiles into $82,194 by year five. Five-year ROI reaches 135.06% and total cumulative return in cash sums $133,195. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,542/mo property income covering a $1,456/mo payment, not borrower’s personal income.
Single Family
Built in 1972
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62234, Collinsville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,774 (100%) |
| Owner Occupied HU | 9,509 (64.4%) |
| Renter Occupied HU | 4,163 (28.2%) |
| Vacant Housing Units | 1,102 ( 7.5%) |
| Median Home Value | $174,788 |
| Average Home Value | $221,394 |
Housing Distribution
Address Breakdown
Residential
14,239
Single Family
13,831
Multi-Family
408
Businesses
860
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Listed by: Nevaeh G Haas • eXp Realty
Mls Name: MARIS
Mls Provider:
Mls ID: #25030596
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