209 S Mill StGreenupIL62428
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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 Greenup at 209 S Mill St, Greenup, IL, 62428 generates $883/mo in rent, after a $881/mo payment. Total monthly income is $883/mo. Return on cash invested sits at 12.56% in year one, and rental yield is 5.89% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 64.44% and total cumulative return in cash sums $38,453. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $883/mo property income rather than buyer’s personal income.
Single Family
Built in 1895
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62428, Greenup, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,378 (100%) |
| Owner Occupied HU | 1,020 (74.0%) |
| Renter Occupied HU | 228 (16.5%) |
| Vacant Housing Units | 130 ( 9.4%) |
| Median Home Value | $116,282 |
| Average Home Value | $155,194 |
Housing Distribution
Address Breakdown
Residential
1,167
Single Family
1,167
Multi-Family
0
Businesses
68
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