427-434 East Dr, Marissa, IL, 62257 | Equity Gain $1,994/yr

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
1544 sft

620 E Reily St, Marissa, IL, 62257

4 Bed
2 Bath
1873 sft

304 N Grace St, Marissa, IL, 62257

3 Bed
2 Bath
1568 sft

109 S Bess Ave, Marissa, IL, 62257

2 Bed
1 Bath
1067 sft

143 Taft St, Marissa, IL, 62257

Nearby investment properties with comparable prices

3 Bed
2 Bath
1564 sft

4574 Elk Meadows Ln, Smithton, IL, 62285

3 Bed
2 Bath
2068 sft

444 Falling Leaf Way, Mascoutah, IL, 62258

3 Bed
2 Bath
1382 sft

929 W South St, Mascoutah, IL, 62258

3 Bed
2 Bath
1919 sft

1113 Stone St, Red Bud, IL, 62278

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $468/mo, and a $1,512/mo payment. Purchase price stands at $309,000, and rental yield measures 1.82% with $468/mo rent. Return on cash invested shows 0.29% in year one, and 5% annual appreciation builds toward $85,371 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $468/mo property income covering a $1,512/mo payment rather than investor’s personal income.

Multi Family

Built in 1970

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 62257, Marissa, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,323 (100%)
Owner Occupied HU	946 (71.5%)
Renter Occupied HU	204 (15.4%)
Vacant Housing Units	173 (13.1%)
Median Home Value	$183,475
Average Home Value	$220,122