462 Mildred AveCahokiaIL62206
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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
Rental property for sale in Cahokia at 462 Mildred Ave, Cahokia, IL, 62206 generates $1,462/mo in rent and, after a $685/mo payment, leaves $491/mo in cash flow. Total monthly income is $1,462/mo, and annual cash flow is $5,896/yr on $46,377 invested. Return on cash invested sits at 32.62% in year one, and rental yield is 12.54% on a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 172.07% and total cumulative return in cash sums $79,803. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,462/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62206, East Saint Louis, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,698 (100%) |
| Owner Occupied HU | 2,364 (41.5%) |
| Renter Occupied HU | 2,253 (39.5%) |
| Vacant Housing Units | 1,081 (19.0%) |
| Median Home Value | $53,510 |
| Average Home Value | $80,649 |
Housing Distribution
Address Breakdown
Residential
4,876
Single Family
4,876
Multi-Family
0
Businesses
358
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