1726 Black LnCaseyvilleIL62232
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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 Caseyville at 1726 Black Ln, Caseyville, IL, 62232 priced at $158,400 converts $1,451/mo rent into $353/mo cash flow after a $775/mo obligation. Total monthly income equals $1,451/mo, and annual cash flow totals $4,231/yr on $52,510 invested. Return on cash invested prints 27.97% in year one, and rental yield reads 10.99% against a $158,400 entry. Equity gained on principal adds $1,022/yr, while 5% annual appreciation compiles into $43,763 by year five. Five-year ROI reaches 147.06% and total cumulative return in cash sums $77,223. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,451/mo property income covering a $775/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: 62232, Caseyville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,338 (100%) |
| Owner Occupied HU | 2,301 (68.9%) |
| Renter Occupied HU | 669 (20.0%) |
| Vacant Housing Units | 368 (11.0%) |
| Median Home Value | $216,379 |
| Average Home Value | $265,296 |
Housing Distribution
Address Breakdown
Residential
3,193
Single Family
3,089
Multi-Family
104
Businesses
168
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