124 W State StMascoutahIL62258
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
Investment property for sale in Mascoutah at 124 W State St, Mascoutah, IL, 62258 at $174,900 posts ROI 21.96% with $99/mo cash flow from $1,312/mo rent. Total monthly income equals $1,312/mo, and annual cash flow records $1,187/yr on $57,979 to close. Return on cash invested measures 21.96% and rental yield reads 9% at the current $174,900. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,322 by year five. Five-year ROI prints 114.81% and total cumulative return in cash totals $66,564.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,312/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1905
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62258, Mascoutah, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,248 (100%) |
| Owner Occupied HU | 3,093 (72.8%) |
| Renter Occupied HU | 810 (19.1%) |
| Vacant Housing Units | 345 ( 8.1%) |
| Median Home Value | $271,114 |
| Average Home Value | $278,002 |
Housing Distribution
Address Breakdown
Residential
4,159
Single Family
4,047
Multi-Family
112
Businesses
229
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