2002 Morningside PlMaryvilleIL62062
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 2002 Morningside Pl, Maryville, IL, 62062 in Maryville speaks for itself: 10.27% gross on a $420,000 price, generating $3,594/mo in rent and $596/mo in net income after the $1,889/mo debt service. DSCR 1.90, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,150 stacks alongside $116,038 in projected five-year appreciation and $3,868/yr in principal reduction. Projected total cumulative return: $199,333.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 7.0% |
| Monthly Cash Flow | $596 | $150 |
City averages based on Maryville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,594 |
| Total Monthly Debt Service | $2,831 |
| DSCR Ratio | 1.27x |
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.
Single Family
Built in 2024
3,179 sqft lot
$N/A/sqft
$85 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62062, Maryville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,635 (100%) |
| Owner Occupied HU | 2,806 (77.2%) |
| Renter Occupied HU | 682 (18.8%) |
| Vacant Housing Units | 147 ( 4.0%) |
| Median Home Value | $269,831 |
| Average Home Value | $281,955 |
Housing Distribution
Address Breakdown
Residential
3,626
Single Family
3,524
Multi-Family
102
Businesses
375
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
Single Family
Built in 2024
3,179 sqft lot
$N/A/sqft
$85 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62062, Maryville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,635 (100%) |
| Owner Occupied HU | 2,806 (77.2%) |
| Renter Occupied HU | 682 (18.8%) |
| Vacant Housing Units | 147 ( 4.0%) |
| Median Home Value | $269,831 |
| Average Home Value | $281,955 |
Housing Distribution
Address Breakdown
Residential
3,626
Single Family
3,524
Multi-Family
102
Businesses
375
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandie F LaMantia • Berkshire Hathaway HomeServices Select Properties
Mls Name: MARIS
Mls Provider:
Mls ID: #26005667
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