14013 N Tolle LnMount VernonIL62864
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 Mount Vernon at 14013 N Tolle Ln, Mount Vernon, IL, 62864 offers a 10.05% rental yield on a $220,000 purchase with $1,843/mo rent. Total monthly income registers $1,843/mo, and a $1,077/mo payment leaves $317/mo available for distribution. Annual cash flow reaches $3,802/yr on $72,930 to close, and return on cash invested stands at 25.12% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 131.78% and total cumulative return in cash at $96,107. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,843/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62864, Mount Vernon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,134 (100%) |
| Owner Occupied HU | 6,771 (60.8%) |
| Renter Occupied HU | 3,058 (27.5%) |
| Vacant Housing Units | 1,305 (11.7%) |
| Median Home Value | $132,704 |
| Average Home Value | $163,466 |
Housing Distribution
Address Breakdown
Residential
10,370
Single Family
9,654
Multi-Family
716
Businesses
1,259
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Wood • Cross Davidson Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #EB460213