656 Tea Olive BlvdO'FallonIL62269
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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 O'Fallon at 656 Tea Olive Blvd, O'Fallon, IL, 62269 with 5% annual appreciation on a $612,000 basis while $3,596/mo rent supports operations. 2% in year one. Equity gained on principal adds $3,949/yr, and five-year appreciation sums $169,084 alongside rental yield of 7.05%. Five-year ROI measures 83.88% and total cumulative return in cash totals $168,899. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,596/mo property income versus a $2,995/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
10,589 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62269, O Fallon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,311 (100%) |
| Owner Occupied HU | 10,010 (65.4%) |
| Renter Occupied HU | 4,315 (28.2%) |
| Vacant Housing Units | 986 ( 6.4%) |
| Median Home Value | $303,987 |
| Average Home Value | $315,230 |
Housing Distribution
Address Breakdown
Residential
14,975
Single Family
13,691
Multi-Family
1,284
Businesses
1,132
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