412 W State StMascoutahIL62258
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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 Mascoutah at 412 W State St, Mascoutah, IL, 62258 priced at $135,000 converts $1,051/mo rent into $114/mo cash flow after a $661/mo obligation. Total monthly income equals $1,051/mo, and annual cash flow totals $1,372/yr on $44,753 invested. Return on cash invested prints 22.98% in year one, and rental yield reads 9.34% against a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation compiles into $37,298 by year five. Five-year ROI reaches 120.34% and total cumulative return in cash sums $53,857. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,051/mo property income covering a $661/mo payment, not borrower’s personal income.
Single Family
Built in 1877
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62258, Mascoutah, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,248 (100%) |
| Owner Occupied HU | 3,093 (72.8%) |
| Renter Occupied HU | 810 (19.1%) |
| Vacant Housing Units | 345 ( 8.1%) |
| Median Home Value | $271,114 |
| Average Home Value | $278,002 |
Housing Distribution
Address Breakdown
Residential
4,159
Single Family
4,047
Multi-Family
112
Businesses
229
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