1406 Heather LnGreenvilleIL62246
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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
Rental property for sale in Greenville at 1406 Heather Ln, Greenville, IL, 62246 priced at $284,100 converts $1,843/mo rent into after a $1,391/mo obligation. Total monthly income equals $1,843/mo. Return on cash invested prints 18.28% in year one, and rental yield reads 7.78% against a $284,100 entry. Equity gained on principal adds $1,833/yr, while 5% annual appreciation compiles into $78,492 by year five. Five-year ROI reaches 95.07% and total cumulative return in cash sums $89,532. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,843/mo property income covering a $1,391/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
N/A 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: N/A • N/A
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