301 W Lakeview DrFairfieldIL62837
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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 Fairfield at 301 W Lakeview Dr, Fairfield, IL, 62837 listed at $135,500 pairs $1,429/mo rent with a $663/mo payment to leave $489/mo cash flow. Total monthly income runs $1,429/mo, and annual cash flow reaches $5,872/yr on $44,918 cash to close. Return on cash invested measures 32.98% in year one, and rental yield registers 12.66% at a $135,500 basis. Equity gained on principal adds $874/yr, and annual property appreciation at 5% supports $37,436 by year five. Five-year ROI tracks 174% and total cumulative return in cash totals $78,158. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,429/mo property income relative to a $663/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62837, Fairfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,035 (100%) |
| Owner Occupied HU | 2,647 (65.6%) |
| Renter Occupied HU | 842 (20.9%) |
| Vacant Housing Units | 546 (13.5%) |
| Median Home Value | $121,141 |
| Average Home Value | $165,764 |
Housing Distribution
Address Breakdown
Residential
3,884
Single Family
3,623
Multi-Family
261
Businesses
426
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