7608 Lorella CirCaseyvilleIL62232
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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 Caseyville at 7608 Lorella Cir, Caseyville, IL, 62232 uses $91,163 cash to close to unlock $2,802/yr annual cash flow and $234/mo monthly cash flow. Total monthly income runs $2,141/mo, and a $1,346/mo payment keeps the spread at $234/mo. Purchase price stands at $275,000, and rental yield measures 9.34% with $2,141/mo rent. Return on cash invested shows 22.98% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 120.32% and total cumulative return in cash records $109,691. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,141/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1973
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62232, Caseyville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,338 (100%) |
| Owner Occupied HU | 2,301 (68.9%) |
| Renter Occupied HU | 669 (20.0%) |
| Vacant Housing Units | 368 (11.0%) |
| Median Home Value | $216,379 |
| Average Home Value | $265,296 |
Housing Distribution
Address Breakdown
Residential
3,193
Single Family
3,089
Multi-Family
104
Businesses
168
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Listed by: Sandi L Lewis • RE/MAX Alliance
Mls Name: MARIS
Mls ID: #25058454