815 Foxgrove DrFairview HeightsIL62208
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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 Fairview Heights at 815 Foxgrove Dr, Fairview Heights, IL, 62208 offers a 12% rental yield on a $238,000 purchase with $2,380/mo rent. Total monthly income registers $2,380/mo, and a $1,165/mo payment leaves $579/mo available for distribution. Annual cash flow reaches $6,949/yr on $78,897 to close, and return on cash invested stands at 28.72% in year one. Equity gained on principal adds $1,536/yr while 5% annual appreciation supports $65,755 over five years. Portfolio math shows five-year ROI at 151.94% and total cumulative return in cash at $119,878. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,380/mo property income against a $1,165/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2011
2,831 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62208, Fairview Heights, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,347 (100%) |
| Owner Occupied HU | 5,252 (62.9%) |
| Renter Occupied HU | 2,226 (26.7%) |
| Vacant Housing Units | 869 (10.4%) |
| Median Home Value | $185,723 |
| Average Home Value | $201,366 |
Housing Distribution
Address Breakdown
Residential
7,320
Single Family
6,782
Multi-Family
538
Businesses
859
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Listed by: Julie A Purnell • Gori Realtors, LLC
Mls Name: MARIS
Mls Provider:
Mls ID: #25019775
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