202 Snedeker StJerseyvilleIL62052
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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 Jerseyville at 202 Snedeker St, Jerseyville, IL, 62052 listed at $115,000 pairs $877/mo rent with a $563/mo payment to leave $79/mo cash flow. Total monthly income runs $877/mo, and annual cash flow reaches $950/yr on $38,123 cash to close. Return on cash invested measures 22.4% in year one, and rental yield registers 9.15% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 117.28% and total cumulative return in cash totals $44,709. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $877/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1952
8,546 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62052, Jerseyville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,592 (100%) |
| Owner Occupied HU | 3,763 (67.3%) |
| Renter Occupied HU | 1,346 (24.1%) |
| Vacant Housing Units | 483 ( 8.6%) |
| Median Home Value | $183,858 |
| Average Home Value | $229,316 |
Housing Distribution
Address Breakdown
Residential
5,385
Single Family
5,192
Multi-Family
193
Businesses
420
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Listed by: Jill Schulz • RE/MAX Alliance
Mls Name: MARIS
Mls Provider:
Mls ID: #25024661
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