8006 Tahoe Ridge LnCaseyvilleIL62232
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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 8006 Tahoe Ridge Ln, Caseyville, IL, 62232 uses $151,827 cash to close to unlock $5,915/yr annual cash flow and $493/mo monthly cash flow. Total monthly income runs $3,670/mo, and a $2,242/mo payment keeps the spread at $493/mo. Purchase price stands at $458,000, and rental yield measures 9.62% with $3,670/mo rent. Return on cash invested shows 23.8% in year one, and 5% annual appreciation builds toward $126,537 over five years. Five-year ROI reaches 124.7% and total cumulative return in cash records $189,321. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,670/mo property income covering a $2,242/mo payment rather than investor’s personal income.
Single Family
Built in 2025
0.31 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: Kara Fitterer • Berkshire Hathaway HomeServices Select Properties
Mls Name: MARIS
Mls ID: #24064143