5 Royal PlMount VernonIL62864
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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
Investment Highlights
Investment property for sale in Mount Vernon at 5 Royal Pl, Mount Vernon, IL, 62864 at $114,500 posts ROI 22.7% with $88/mo cash flow from $882/mo rent. Total monthly income equals $882/mo, and annual cash flow records $1,059/yr on $37,957 to close. Return on cash invested measures 22.7% and rental yield reads 9.24% at the current $114,500. Equity gained on principal adds $739/yr, and 5% annual appreciation supports $31,634 by year five. Five-year ROI prints 118.89% and total cumulative return in cash totals $45,128.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $882/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62864, Mount Vernon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,134 (100%) |
| Owner Occupied HU | 6,771 (60.8%) |
| Renter Occupied HU | 3,058 (27.5%) |
| Vacant Housing Units | 1,305 (11.7%) |
| Median Home Value | $132,704 |
| Average Home Value | $163,466 |
Housing Distribution
Address Breakdown
Residential
10,370
Single Family
9,654
Multi-Family
716
Businesses
1,259
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Listed by: Hope Williams • Keller Williams Pinnacle - MTV
Mls Name: RMLS Alliance
Mls ID: #EB460404