26 Mark DrFairview HeightsIL62208
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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 Fairview Heights at 26 Mark Dr, Fairview Heights, IL, 62208 uses $54,664 cash to close to unlock $1,180/yr annual cash flow and $98/mo monthly cash flow. Total monthly income runs $1,242/mo, and a $807/mo payment keeps the spread at $98/mo. Purchase price stands at $164,900, and rental yield measures 9.04% with $1,242/mo rent. Return on cash invested shows 22.07% in year one, and 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 115.43% and total cumulative return in cash records $63,100. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,242/mo property income covering a $807/mo payment rather than investor’s personal income.
Single Family
Built in 1957
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62208, Fairview Heights, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,347 (100%) |
| Owner Occupied HU | 5,252 (62.9%) |
| Renter Occupied HU | 2,226 (26.7%) |
| Vacant Housing Units | 869 (10.4%) |
| Median Home Value | $185,723 |
| Average Home Value | $201,366 |
Housing Distribution
Address Breakdown
Residential
7,320
Single Family
6,782
Multi-Family
538
Businesses
859
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Listed by: Carrie L Brase • RE/MAX Alliance
Mls Name: MARIS
Mls ID: #25079613