308 High StEddyvilleIL62928
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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 Eddyville at 308 High St, Eddyville, IL, 62928 generates $0/mo in rent, after a $538/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -5.19% in year one, and rental yield is 0% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62928, Eddyville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 210 (100%) |
| Owner Occupied HU | 131 (62.4%) |
| Renter Occupied HU | 21 ( 10.0%) |
| Vacant Housing Units | 58 (27.6%) |
| Median Home Value | $188,194 |
| Average Home Value | $230,668 |
Housing Distribution
Address Breakdown
Residential
52
Single Family
52
Multi-Family
0
Businesses
10
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No similar rental properties found nearby.
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Listed by: LAURIE A HINES • RE/MAX ADVANTAGE
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB459331
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