304 Crestview DrSteelevilleIL62288
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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 Steeleville at 304 Crestview Dr, Steeleville, IL, 62288 priced at $250,000 converts $0/mo rent into after a $1,224/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -5.2% in year one, and rental yield reads 0% against a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,070 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,224/mo payment, not borrower’s personal income.
Single Family
Built in 2002
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62288, Steeleville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,381 (100%) |
| Owner Occupied HU | 979 (70.9%) |
| Renter Occupied HU | 245 (17.7%) |
| Vacant Housing Units | 157 (11.4%) |
| Median Home Value | $198,818 |
| Average Home Value | $272,306 |
Housing Distribution
Address Breakdown
Residential
1,230
Single Family
1,219
Multi-Family
11
Businesses
97
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No similar rental properties found nearby.
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Listed by: Kimberly A Wesbecher • Golden Key Realty
Mls Name: MARIS
Mls ID: #25074725