9 Hyde Park RdFairview HeightsIL62208
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fairview Heights at 9 Hyde Park Rd, Fairview Heights, IL, 62208 priced at $185,000 converts $1,745/mo rent into $462/mo cash flow after a $905/mo obligation. Total monthly income equals $1,745/mo, and annual cash flow totals $5,547/yr on $61,328 invested. Return on cash invested prints 28.95% in year one, and rental yield reads 11.32% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 152.37% and total cumulative return in cash sums $93,447. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,745/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1957
0.30 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Diane L Biffar Wiegand • Welcome Home Real Estate Llc
Mls Name: MARIS
Mls ID: #25076854