5412 Wake Forest DrFairview HeightsIL62208
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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
Investment property for sale in Fairview Heights at 5412 Wake Forest Dr, Fairview Heights, IL, 62208 listed at $245,000 pairs $2,588/mo rent with a $1,199/mo payment to leave $889/mo cash flow. Total monthly income runs $2,588/mo, and annual cash flow reaches $10,665/yr on $81,218 cash to close. Return on cash invested measures 33.04% in year one, and rental yield registers 12.68% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 174.24% and total cumulative return in cash totals $141,516. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,588/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
8,712 sqft 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: Jeb E Blasingame • Keller Williams Marquee
Mls Name: MARIS
Mls Provider:
Mls ID: #25056851
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