400 S Franklin StGreenupIL62428
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 400 S Franklin St, Greenup, IL, 62428 in Greenup is priced for capital growth, not immediate cash flow. The $525,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $145,048 by year five, with $4,835/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 8.0% |
| Monthly Cash Flow | $0 | $500 |
City averages based on Greenup market data in our database. Property projections are estimates.
Multi Family
Built in 1982
1 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Multi Family
Built in 1982
1 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices