800 Cedar StCollinsvilleIL62234
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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 Collinsville at 800 Cedar St, Collinsville, IL, 62234 at $250,000 posts ROI 19.8% with from $1,727/mo rent. Total monthly income equals $1,727/mo. Return on cash invested measures 19.8% and rental yield reads 8.29% at the current $250,000. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 by year five. Five-year ROI prints 103.27% and total cumulative return in cash totals $85,582. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,727/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1925
7,993 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62234, Collinsville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,774 (100%) |
| Owner Occupied HU | 9,509 (64.4%) |
| Renter Occupied HU | 4,163 (28.2%) |
| Vacant Housing Units | 1,102 ( 7.5%) |
| Median Home Value | $174,788 |
| Average Home Value | $221,394 |
Housing Distribution
Address Breakdown
Residential
14,239
Single Family
13,831
Multi-Family
408
Businesses
860
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Listed by: JT Ross • Keller Williams Marquee
Mls Name: MARIS
Mls ID: #25067868