2627 Gaty AveEast Saint LouisIL62205
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $120,000, 2627 Gaty Ave, East Saint Louis, IL, 62205 in East Saint Louis generates $930/mo in rent (9.3% yield) but nets only $98/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.72) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $33,154. Total projected return: $52,149.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 8.0% |
| Monthly Cash Flow | $98 | $200 |
City averages based on East Saint Louis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $930 |
| Total Monthly Debt Service | $785 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1964
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62205, East Saint Louis, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,523 (100%) |
| Owner Occupied HU | 1,471 (41.8%) |
| Renter Occupied HU | 1,363 (38.7%) |
| Vacant Housing Units | 689 (19.6%) |
| Median Home Value | $63,430 |
| Average Home Value | $196,646 |
Housing Distribution
Address Breakdown
Residential
3,092
Single Family
2,938
Multi-Family
154
Businesses
220
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1964
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62205, East Saint Louis, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,523 (100%) |
| Owner Occupied HU | 1,471 (41.8%) |
| Renter Occupied HU | 1,363 (38.7%) |
| Vacant Housing Units | 689 (19.6%) |
| Median Home Value | $63,430 |
| Average Home Value | $196,646 |
Housing Distribution
Address Breakdown
Residential
3,092
Single Family
2,938
Multi-Family
154
Businesses
220
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MARIS
Mls ID: #26010052