The Carnegie Plan, Illini TrailsO'FallonIL62269
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 O'Fallon at The Carnegie Plan, Illini Trails, O'Fallon, IL, 62269 offers $2,758/mo rent that, after a $2,005/mo payment. Total monthly income is $2,758/mo. Return on cash invested measures 18.9% in year one, and rental yield stands at 8.08% at a $409,700 entry. Equity gained on principal adds $2,644/yr while 5% annual appreciation compounds into $113,193 by year five. Five-year ROI records 98.51% and total cumulative return in cash reaches $133,789. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,758/mo property income versus a $2,005/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
$31 monthly 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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