2024 Cedarwood TrlShilohIL62226
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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 Shiloh at 2024 Cedarwood Trl, Shiloh, IL, 62226 priced at $520,000 converts $6,180/mo rent into $2,555/mo cash flow after a $2,545/mo obligation. Total monthly income equals $6,180/mo, and annual cash flow totals $30,655/yr on $171,080 invested. Return on cash invested prints 37.98% in year one, and rental yield reads 14.26% against a $520,000 entry. Equity gained on principal adds $3,355/yr, while 5% annual appreciation compiles into $143,666 by year five. Five-year ROI reaches 200.75% and total cumulative return in cash sums $343,439. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,180/mo property income covering a $2,545/mo payment, not borrower’s personal income.
Single Family
Built in 1999
1.09 Acres lot
$N/A/sqft
$225 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62226, Belleville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,499 (100%) |
| Owner Occupied HU | 8,318 (57.4%) |
| Renter Occupied HU | 4,615 (31.8%) |
| Vacant Housing Units | 1,566 (10.8%) |
| Median Home Value | $201,090 |
| Average Home Value | $231,123 |
Housing Distribution
Address Breakdown
Residential
12,949
Single Family
11,666
Multi-Family
1,283
Businesses
755
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Listed by: Amy M Sujanani • Re/Max Alliance
Mls Name: MARIS
Mls Provider:
Mls ID: #24039232
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