3437 Fairway DrHighlandIL62249
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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 Highland at 3437 Fairway Dr, Highland, IL, 62249 listed at $680,000 pairs $4,066/mo rent with a $3,328/mo payment. Total monthly income runs $4,066/mo. Return on cash invested measures 16.57% in year one, and rental yield registers 7.18% at a $680,000 basis. Equity gained on principal adds $4,388/yr, and annual property appreciation at 5% supports $187,871 by year five. Five-year ROI tracks 85.9% and total cumulative return in cash totals $192,180. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,066/mo property income relative to a $3,328/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62249, Highland, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,148 (100%) |
| Owner Occupied HU | 5,271 (73.7%) |
| Renter Occupied HU | 1,472 (20.6%) |
| Vacant Housing Units | 405 ( 5.7%) |
| Median Home Value | $264,878 |
| Average Home Value | $300,071 |
Housing Distribution
Address Breakdown
Residential
6,867
Single Family
6,539
Multi-Family
328
Businesses
511
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