235 W Van Buren StGreenviewIL62642
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 235 W Van Buren St, Greenview, IL, 62642 in Greenview the bet is firmly on appreciation. Rental yield 5.89%. The 5.89% gross yield on a $359,900 price is below income-first thresholds, but 5%/yr value growth projects $99,434 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (1.09) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $90,834.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 7.5% |
| Monthly Cash Flow | $(728) | $600 |
City averages based on Greenview market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,768 |
| Total Monthly Debt Service | $2,353 |
| DSCR Ratio | 0.75x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1958
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62642, Greenview, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 637 (100%) |
| Owner Occupied HU | 450 (70.6%) |
| Renter Occupied HU | 110 (17.3%) |
| Vacant Housing Units | 77 (12.1%) |
| Median Home Value | $127,119 |
| Average Home Value | $171,550 |
Housing Distribution
Address Breakdown
Residential
456
Single Family
456
Multi-Family
0
Businesses
23
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
Single Family
Built in 1958
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62642, Greenview, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 637 (100%) |
| Owner Occupied HU | 450 (70.6%) |
| Renter Occupied HU | 110 (17.3%) |
| Vacant Housing Units | 77 (12.1%) |
| Median Home Value | $127,119 |
| Average Home Value | $171,550 |
Housing Distribution
Address Breakdown
Residential
456
Single Family
456
Multi-Family
0
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John T McIntyre • Do Realty Services, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1035699
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.