978 County Road 2050eFairfieldIL62837
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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
Total monthly income runs $1,800/mo, and a $2,203/mo payment. Purchase price stands at $450,000, and rental yield measures 4.8% with $1,800/mo rent. Return on cash invested shows 9.28% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 46.83% and total cumulative return in cash records $69,858. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in 1981
8.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62837, Fairfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,035 (100%) |
| Owner Occupied HU | 2,647 (65.6%) |
| Renter Occupied HU | 842 (20.9%) |
| Vacant Housing Units | 546 (13.5%) |
| Median Home Value | $121,141 |
| Average Home Value | $165,764 |
Housing Distribution
Address Breakdown
Residential
3,884
Single Family
3,623
Multi-Family
261
Businesses
426
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Listed by: Curtis Thompson • Real Broker, LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1034378
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.