504 Saint Clair RdFairview HeightsIL62208
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Nearby investment properties with comparable prices
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 Fairview Heights at 504 Saint Clair Rd, Fairview Heights, IL, 62208 priced at $224,900 pairs $1,980/mo rent with $420/mo cash flow after a $1,101/mo payment. Total monthly income equals $1,980/mo, and annual cash flow comes to $5,038/yr on $74,554 invested. Return on cash invested is 26.67% in year one, and rental yield stands at 10.56% on a $224,900 basis. Equity gained on principal adds $1,451/yr, and 5% annual appreciation accumulates to $62,136 by year five. Five-year ROI measures 140.05% and total cumulative return in cash reaches $104,413. For financing, Ziffy Mortgage’s DSCR program evaluates $1,980/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
1.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62208, Fairview Heights, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,347 (100%) |
| Owner Occupied HU | 5,252 (62.9%) |
| Renter Occupied HU | 2,226 (26.7%) |
| Vacant Housing Units | 869 (10.4%) |
| Median Home Value | $185,723 |
| Average Home Value | $201,366 |
Housing Distribution
Address Breakdown
Residential
7,320
Single Family
6,782
Multi-Family
538
Businesses
859
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Listed by: Kevin L Barnett • Redfin Corporation
Mls Name: MARIS
Mls ID: #25073460