5 Doerge DrCaseyvilleIL62232
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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 Caseyville at 5 Doerge Dr, Caseyville, IL, 62232 offers $1,261/mo rent that, after a $773/mo payment, leaves $166/mo cash flow. Total monthly income is $1,261/mo, and annual cash flow is $1,987/yr on $52,344 cash. Return on cash invested measures 23.71% in year one, and rental yield stands at 9.58% at a $157,900 entry. Equity gained on principal adds $1,019/yr while 5% annual appreciation compounds into $43,625 by year five. Five-year ROI records 124.21% and total cumulative return in cash reaches $65,018. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,261/mo property income versus a $773/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
0.88 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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