1400 Chestnut StGreenvilleIL62246
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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 Greenville at 1400 Chestnut St, Greenville, IL, 62246 uses $67,692 cash to close to unlock $6,097/yr annual cash flow and $508/mo monthly cash flow. Total monthly income runs $1,924/mo, and a $999/mo payment keeps the spread at $508/mo. Purchase price stands at $204,200, and rental yield measures 11.31% with $1,924/mo rent. Return on cash invested shows 28.92% in year one, and 5% annual appreciation builds toward $56,417 over five years. Five-year ROI reaches 152.18% and total cumulative return in cash records $103,015. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,924/mo property income covering a $999/mo payment rather than investor’s personal income.
Single Family
Built in 1975
9,104 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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Listed by: N/A • N/A
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