240 Park RdCreve CoeurIL61610
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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 Creve Coeur at 240 Park Rd, Creve Coeur, IL, 61610 listed at $173,900 pairs $1,339/mo rent with a $851/mo payment to leave $133/mo cash flow. Total monthly income runs $1,339/mo, and annual cash flow reaches $1,595/yr on $57,648 cash to close. Return on cash invested measures 22.68% in year one, and rental yield registers 9.24% at a $173,900 basis. Equity gained on principal adds $1,122/yr, and annual property appreciation at 5% supports $48,045 by year five. Five-year ROI tracks 118.67% and total cumulative return in cash totals $68,410. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,339/mo property income relative to a $851/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61610, Creve Coeur, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,408 (100%) |
| Owner Occupied HU | 1,585 (65.8%) |
| Renter Occupied HU | 541 (22.5%) |
| Vacant Housing Units | 282 (11.7%) |
| Median Home Value | $84,419 |
| Average Home Value | $100,315 |
Housing Distribution
Address Breakdown
Residential
2,304
Single Family
2,304
Multi-Family
0
Businesses
102
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Listed by: Jennifer M Bradshaw • The Real Estate Group Inc.
Mls Name: RMLS Alliance
Mls ID: #PA1260501