507 Kneedler StCollinsvilleIL62234
Nearby investment properties with comparable rents
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
Investment property for sale in Collinsville at 507 Kneedler St, Collinsville, IL, 62234 at $100,000 posts ROI 22.44% with $70/mo cash flow from $763/mo rent. Total monthly income equals $763/mo, and annual cash flow records $838/yr on $33,150 to close. Return on cash invested measures 22.44% and rental yield reads 9.16% at the current $100,000. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 by year five. Five-year ROI prints 117.41% and total cumulative return in cash totals $38,920.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $763/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1989
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62234, Collinsville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,774 (100%) |
| Owner Occupied HU | 9,509 (64.4%) |
| Renter Occupied HU | 4,163 (28.2%) |
| Vacant Housing Units | 1,102 ( 7.5%) |
| Median Home Value | $174,788 |
| Average Home Value | $221,394 |
Housing Distribution
Address Breakdown
Residential
14,239
Single Family
13,831
Multi-Family
408
Businesses
860
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Listed by: Adam F Jokisch • Adams Auction & Real Estate Services Inc.
Mls Name: MARIS
Mls ID: #25057373