300 Pleasant Ridge RdFairview 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
Total monthly income runs $1,753/mo, and a $2,469/mo payment. Purchase price stands at $504,500, and rental yield measures 4.17% with $1,753/mo rent. Return on cash invested shows 7.44% in year one, and 5% annual appreciation builds toward $139,384 over five years. Five-year ROI reaches 36.91% and total cumulative return in cash records $61,265. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,753/mo property income covering a $2,469/mo payment rather than investor’s personal income.
Single Family
Built in N/A
40.36 Acres 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: Shannon Middleton • RE/MAX All Star Advantage
Mls Name: MARIS
Mls ID: #23067552