121 E South AveGreenvilleIL62246
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 Greenville at 121 E South Ave, Greenville, IL, 62246 offers $940/mo rent that, after a $587/mo payment, leaves $108/mo cash flow. Total monthly income is $940/mo, and annual cash flow is $1,296/yr on $39,780 cash. Return on cash invested measures 23.17% in year one, and rental yield stands at 9.4% at a $120,000 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,154 by year five. Five-year ROI records 121.28% and total cumulative return in cash reaches $48,247. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $940/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
7,217 sqft 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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Nearby investment properties with comparable prices
Listed by: Noel Harnetiaux • Bond County Realtors
Mls Name: MARIS
Mls ID: #25054312