1605 Lansdowne Park DrEast Saint LouisIL62204
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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
Rental property for sale in East Saint Louis at 1605 Lansdowne Park Dr, East Saint Louis, IL, 62204 priced at $348,400 converts $1,890/mo rent into after a $1,705/mo obligation. Total monthly income equals $1,890/mo. Return on cash invested prints 14.44% in year one, and rental yield reads 6.51% against a $348,400 entry. Equity gained on principal adds $2,248/yr, while 5% annual appreciation compiles into $96,257 by year five. Five-year ROI reaches 74.5% and total cumulative return in cash sums $86,044. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,890/mo property income covering a $1,705/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62204, East Saint Louis, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,271 (100%) |
| Owner Occupied HU | 977 (43.0%) |
| Renter Occupied HU | 809 (35.6%) |
| Vacant Housing Units | 485 (21.4%) |
| Median Home Value | $49,253 |
| Average Home Value | $118,951 |
Housing Distribution
Address Breakdown
Residential
1,756
Single Family
1,712
Multi-Family
44
Businesses
95
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Listed by: N/A • N/A
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