6845 Manchester DrMaryvilleIL62062
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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 Maryville at 6845 Manchester Dr, Maryville, IL, 62062 uses $106,080 cash to close to unlock $6,980/yr annual cash flow and $582/mo monthly cash flow. Total monthly income runs $2,801/mo, and a $1,566/mo payment keeps the spread at $582/mo. Purchase price stands at $320,000, and rental yield measures 10.5% with $2,801/mo rent. Return on cash invested shows 26.49% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 139.12% and total cumulative return in cash records $147,579. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,801/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 2009
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62062, Maryville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,635 (100%) |
| Owner Occupied HU | 2,806 (77.2%) |
| Renter Occupied HU | 682 (18.8%) |
| Vacant Housing Units | 147 ( 4.0%) |
| Median Home Value | $269,831 |
| Average Home Value | $281,955 |
Housing Distribution
Address Breakdown
Residential
3,626
Single Family
3,524
Multi-Family
102
Businesses
375
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