1512 Oak Ridge CtO FallonIL62269
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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 O Fallon at 1512 Oak Ridge Ct, O Fallon, IL, 62269 earns from $1,513/mo rent with a $1,101/mo payment. Total monthly income totals $1,513/mo. ROI tracks 19.15% on current figures, and rental yield reads 8.07% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 99.74% and total cumulative return in cash sums $74,397. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,513/mo property income instead of your personal income.
Single Family
Built in 1987
8,276 sqft 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
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