38 Edgewood LnCaseyvilleIL62232
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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 Caseyville at 38 Edgewood Ln, Caseyville, IL, 62232 earns $504/mo cash flow from $2,237/mo rent with a $1,223/mo payment. Total monthly income totals $2,237/mo, and annual cash flow totals $6,045/yr on $82,842 capital. ROI tracks 27.21% on current figures, and rental yield reads 10.74% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 142.95% and total cumulative return in cash sums $118,418. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,237/mo property income instead of your personal income.
Single Family
Built in 2025
0.63 Acres 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: Doug A Hartmann, Jr • Hartmann Realtors, Inc
Mls Name: MARIS
Mls ID: #25058825