824 Emerald Green DrO FallonIL62269
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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
Rental property for sale in O Fallon at 824 Emerald Green Dr, O Fallon, IL, 62269 offers $2,322/mo rent that, after a $1,297/mo payment, leaves $484/mo cash flow. Total monthly income is $2,322/mo, and annual cash flow is $5,807/yr on $87,848 cash. Return on cash invested measures 26.52% in year one, and rental yield stands at 10.51% at a $265,000 entry. Equity gained on principal adds $1,710/yr while 5% annual appreciation compounds into $73,215 by year five. Five-year ROI records 139.25% and total cumulative return in cash reaches $122,331. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,322/mo property income versus a $1,297/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62269, O Fallon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,311 (100%) |
| Owner Occupied HU | 10,010 (65.4%) |
| Renter Occupied HU | 4,315 (28.2%) |
| Vacant Housing Units | 986 ( 6.4%) |
| Median Home Value | $303,987 |
| Average Home Value | $315,230 |
Housing Distribution
Address Breakdown
Residential
14,975
Single Family
13,691
Multi-Family
1,284
Businesses
1,132
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