363 Old Collinsville RdCaseyvilleIL62232
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Nearby investment properties with comparable prices
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 Caseyville at 363 Old Collinsville Rd, Caseyville, IL, 62232 priced at $387,500 pairs $3,332/mo rent with $644/mo cash flow after a $1,897/mo payment. Total monthly income equals $3,332/mo, and annual cash flow comes to $7,726/yr on $128,456 invested. Return on cash invested is 25.92% in year one, and rental yield stands at 10.32% on a $387,500 basis. Equity gained on principal adds $2,500/yr, and 5% annual appreciation accumulates to $107,059 by year five. Five-year ROI measures 136.07% and total cumulative return in cash reaches $174,795. For financing, Ziffy Mortgage’s DSCR program evaluates $3,332/mo property income against a $1,897/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62232, Caseyville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,338 (100%) |
| Owner Occupied HU | 2,301 (68.9%) |
| Renter Occupied HU | 669 (20.0%) |
| Vacant Housing Units | 368 (11.0%) |
| Median Home Value | $216,379 |
| Average Home Value | $265,296 |
Housing Distribution
Address Breakdown
Residential
3,193
Single Family
3,089
Multi-Family
104
Businesses
168
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Listed by: Keith Shovlin • RE/MAX Preferred
Mls Name: MARIS
Mls ID: #25056447