311 E Cincinnati 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
Investment property for sale in Greenup at 311 E Cincinnati St, Greenup, IL, 62428 with 5% annual appreciation on a $134,000 basis while $1,168/mo rent supports operations. Total monthly income totals $1,168/mo and a $656/mo payment preserves $238/mo for cash returns. Annual cash flow comes to $2,861/yr on $44,421 deployed, and return on cash invested reaches 26.35% in year one. Equity gained on principal adds $865/yr, and five-year appreciation sums $37,022 alongside rental yield of 10.46%. Five-year ROI measures 138.42% and total cumulative return in cash totals $61,487.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,168/mo property income versus a $656/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1897
0.37 Acres 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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