9915 North RdFairview 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 9915 North Rd, Fairview Heights, IL, 62208 listed at $228,500 pairs $1,980/mo rent with a $1,118/mo payment to leave $395/mo cash flow. Total monthly income runs $1,980/mo, and annual cash flow reaches $4,746/yr on $75,748 cash to close. Return on cash invested measures 26.17% in year one, and rental yield registers 10.4% at a $228,500 basis. Equity gained on principal adds $1,474/yr, and annual property appreciation at 5% supports $63,130 by year five. Five-year ROI tracks 137.43% and total cumulative return in cash totals $104,104. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,980/mo property income relative to a $1,118/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
0.43 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
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Listed by: Christen N Murphy • QDM Real Estate, LLC
Mls Name: MARIS
Mls ID: #25066321