1050 Maple Grove AveGreenvilleIL62246
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1050 Maple Grove Ave, Greenville, IL, 62246 in Greenville is a stable, well-positioned rental at $369,900. Rental yield 8.2%. DSCR 1.44 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $102,197 in value and $3,101/yr in principal paydown builds equity, a total projected return of $132,053.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.0% |
| Monthly Cash Flow | $(37) | $400 |
City averages based on Greenville market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,528 |
| Total Monthly Debt Service | $2,509 |
| DSCR Ratio | 1.01x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1976
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62246, Greenville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,836 (100%) |
| Owner Occupied HU | 2,456 (64.0%) |
| Renter Occupied HU | 966 (25.2%) |
| Vacant Housing Units | 414 (10.8%) |
| Median Home Value | $149,191 |
| Average Home Value | $184,404 |
Housing Distribution
Address Breakdown
Residential
3,558
Single Family
3,489
Multi-Family
69
Businesses
348
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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
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Listed by: Jennifer L Dunn • Century 21 Reid Baugher Realty
Mls Name: MARIS
Mls ID: #25059717
