302 Olive StEdwardsvilleIL62025
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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
Rental property for sale in Edwardsville at 302 Olive St, Edwardsville, IL, 62025 offers $976/mo rent that, after a $611/mo payment, leaves $110/mo cash flow. Total monthly income is $976/mo, and annual cash flow is $1,320/yr on $41,404 cash. Return on cash invested measures 23.1% in year one, and rental yield stands at 9.38% at a $124,900 entry. Equity gained on principal adds $806/yr while 5% annual appreciation compounds into $34,508 by year five. Five-year ROI records 120.91% and total cumulative return in cash reaches $50,062. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $976/mo property income versus a $611/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62025, Edwardsville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,931 (100%) |
| Owner Occupied HU | 9,974 (66.8%) |
| Renter Occupied HU | 3,684 (24.7%) |
| Vacant Housing Units | 1,273 ( 8.5%) |
| Median Home Value | $344,085 |
| Average Home Value | $380,272 |
Housing Distribution
Address Breakdown
Residential
14,276
Single Family
13,541
Multi-Family
735
Businesses
1,275
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Listed by: Carrie L Brase • RE/MAX Alliance
Mls Name: MARIS
Mls ID: #25081523