401 N Nashville St,Okawville,IL,62271

Investment Highlights

Rental property for sale in Okawville at 401 N Nashville St, Okawville, IL, 62271 offers $1,162/mo rent that, after a $646/mo payment, leaves $247/mo cash flow. Total monthly income is $1,162/mo, and annual cash flow is $2,958/yr on $43,758 cash. Return on cash invested measures 26.67% in year one, and rental yield stands at 10.56% at a $132,000 entry. Equity gained on principal adds $852/yr while 5% annual appreciation compounds into $36,469 by year five. Five-year ROI records 140.12% and total cumulative return in cash reaches $61,315. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,162/mo property income versus a $646/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.