1609 Lansdowne Park DrEast Saint LouisIL62204
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 1609 Lansdowne Park Dr, East Saint Louis, IL, 62204 in East Saint Louis. Priced at $208,700, it generates $2,219/mo in gross rent and $771/mo in net monthly cash flow, a 12.76% yield that comfortably supports the 2.37 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $9,255. Five-year appreciation: $57,660. Equity from principal paydown: $1,922/yr. Total projected cumulative return: $129,480.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.8% | 8.0% |
| Monthly Cash Flow | $771 | $200 |
City averages based on East Saint Louis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,219 |
| Total Monthly Debt Service | $1,365 |
| DSCR Ratio | 1.63x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A