8 Countryside DrCaseyvilleIL62232
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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 8 Countryside Dr, Caseyville, IL, 62232 uses $36,465 cash to close to unlock $953/yr annual cash flow and $79/mo monthly cash flow. Total monthly income runs $842/mo, and a $538/mo payment keeps the spread at $79/mo. Purchase price stands at $110,000, and rental yield measures 9.19% with $842/mo rent. Return on cash invested shows 22.52% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 117.91% and total cumulative return in cash records $42,996. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $842/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1958
7,840 sqft 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: Jared E Landeros • Real Broker LLC
Mls Name: MARIS
Mls ID: #25065650