2304 N 1st StFayettevilleIL62258
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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 Fayetteville at 2304 N 1st St, Fayetteville, IL, 62258 generates $3,152/mo in rent and, after a $2,178/mo payment, leaves $65/mo in cash flow. Total monthly income is $3,152/mo, and annual cash flow is $785/yr on $147,518 invested. Return on cash invested sits at 20.44% in year one, and rental yield is 8.5% on a $445,000 entry. Equity gained on principal adds $2,872/yr, while 5% annual appreciation builds toward $122,945 over five years. Five-year ROI reaches 106.69% and total cumulative return in cash sums $157,388. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,152/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
3.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62258, Mascoutah, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,248 (100%) |
| Owner Occupied HU | 3,093 (72.8%) |
| Renter Occupied HU | 810 (19.1%) |
| Vacant Housing Units | 345 ( 8.1%) |
| Median Home Value | $271,114 |
| Average Home Value | $278,002 |
Housing Distribution
Address Breakdown
Residential
4,159
Single Family
4,047
Multi-Family
112
Businesses
229
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Listed by: Tiffany N Smith • Keller Williams Pinnacle
Mls Name: MARIS
Mls ID: #25073495