7008 Augusta Dr, Glen Carbon, IL, 62034 | $240/mo Cash Flow

For Sale

Listed for sale 1 day ago

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
3 Bath
1656 sft

1706 Baxston Ct, Swansea, IL, 62226

4 Bed
4 Bath
3621 sft

2222 Arnold Palmer Dr, Belleville, IL, 62220

2 Bed
3 Bath
1622 sft

2626 Lemp Ave, Saint Louis, MO, 63118

4 Bed
4 Bath
3000 sft

5410 Misty Crossing Ct, Florissant, MO, 63034

Nearby investment properties with comparable prices

4 Bed
3 Bath
2968 sft

43 Terrace Ln, Granite City, IL, 62040

The Bennett: Build On Your Lot Plan, Southern Illinois: Build on you Lot

4 Bed
2 Bath
1654 sft

The Bennett: Build On Your Lot Plan, Southern Illinois: Build on you Lot, Edwardsville, IL, 62025

3 Bed
3 Bath
2678 sft

1053 Meadow Lake Dr, Maryville, IL, 62062

3 Bed
3 Bath
2250 sft

4317 Maryland Ave APT 1E, Saint Louis, MO, 63108

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Glen Carbon at 7008 Augusta Dr, Glen Carbon, IL, 62034 generates $2,869/mo in rent and, after a $1,855/mo payment, leaves $240/mo in cash flow. Total monthly income is $2,869/mo, and annual cash flow is $2,882/yr on $125,639 invested. Return on cash invested sits at 22.2% in year one, and rental yield is 9.08% on a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 116.14% and total cumulative return in cash sums $145,919. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,869/mo property income rather than buyer’s personal income.

Single Family

Built in 2010

0.25 Acres lot

$N/A/sqft

No HOA