408 E Parkhurst StFairfieldIL62837
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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 Fairfield at 408 E Parkhurst St, Fairfield, IL, 62837 earns $68/mo cash flow from $831/mo rent with a $538/mo payment. Total monthly income totals $831/mo, and annual cash flow totals $821/yr on $36,465 capital. ROI tracks 22.16% on current figures, and rental yield reads 9.07% at a $110,000 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 115.97% and total cumulative return in cash sums $42,288. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $831/mo property income instead of your personal income.
Single Family
Built in 2018
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62837, Fairfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,035 (100%) |
| Owner Occupied HU | 2,647 (65.6%) |
| Renter Occupied HU | 842 (20.9%) |
| Vacant Housing Units | 546 (13.5%) |
| Median Home Value | $121,141 |
| Average Home Value | $165,764 |
Housing Distribution
Address Breakdown
Residential
3,884
Single Family
3,623
Multi-Family
261
Businesses
426
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