15871 E Fairfield RdMount VernonIL62864
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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 Mount Vernon at 15871 E Fairfield Rd, Mount Vernon, IL, 62864 earns $57/mo cash flow from $931/mo rent with a $617/mo payment. Total monthly income totals $931/mo, and annual cash flow totals $681/yr on $41,769 capital. ROI tracks 21.54% on current figures, and rental yield reads 8.87% at a $126,000 purchase. Equity gained on principal adds $813/yr, and 5% annual appreciation supports $34,811 over five years. Five-year ROI reaches 112.58% and total cumulative return in cash sums $47,023. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $931/mo property income instead of your personal income.
Single Family
Built in 1952
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62864, Mount Vernon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,134 (100%) |
| Owner Occupied HU | 6,771 (60.8%) |
| Renter Occupied HU | 3,058 (27.5%) |
| Vacant Housing Units | 1,305 (11.7%) |
| Median Home Value | $132,704 |
| Average Home Value | $163,466 |
Housing Distribution
Address Breakdown
Residential
10,370
Single Family
9,654
Multi-Family
716
Businesses
1,259
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Listed by: Andrea B Baker • King City Property Brokers
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB454168
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.