244 Eagle RdgO'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 244 Eagle Rdg, O'Fallon, IL, 62269 at $135,000 posts ROI 22.14% with $83/mo cash flow from $1,020/mo rent. Total monthly income equals $1,020/mo, and annual cash flow records $1,000/yr on $44,753 to close. Return on cash invested measures 22.14% and rental yield reads 9.07% at the current $135,000. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 by year five. Five-year ROI prints 115.89% and total cumulative return in cash totals $51,865.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,020/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1993
N/A 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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