205 Main StO FallonIL62269
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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 O Fallon at 205 Main St, O Fallon, IL, 62269 uses $64,576 cash to close to unlock $771/yr annual cash flow and $64/mo monthly cash flow. Total monthly income runs $1,415/mo, and a $953/mo payment keeps the spread at $64/mo. Purchase price stands at $194,800, and rental yield measures 8.72% with $1,415/mo rent. Return on cash invested shows 21.1% in year one, and 5% annual appreciation builds toward $53,820 over five years. Five-year ROI reaches 110.3% and total cumulative return in cash records $71,227. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,415/mo property income covering a $953/mo payment rather than investor’s personal income.
Single Family
Built in 1907
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62269, O Fallon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,311 (100%) |
| Owner Occupied HU | 10,010 (65.4%) |
| Renter Occupied HU | 4,315 (28.2%) |
| Vacant Housing Units | 986 ( 6.4%) |
| Median Home Value | $303,987 |
| Average Home Value | $315,230 |
Housing Distribution
Address Breakdown
Residential
14,975
Single Family
13,691
Multi-Family
1,284
Businesses
1,132
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