505 W College AveGreenvilleIL62246
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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 Greenville at 505 W College Ave, Greenville, IL, 62246 earns from $0/mo rent with a $808/mo payment. Total monthly income totals $0/mo. ROI tracks -5.21% on current figures, and rental yield reads 0% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 1918
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62246, Greenville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,836 (100%) |
| Owner Occupied HU | 2,456 (64.0%) |
| Renter Occupied HU | 966 (25.2%) |
| Vacant Housing Units | 414 (10.8%) |
| Median Home Value | $149,191 |
| Average Home Value | $184,404 |
Housing Distribution
Address Breakdown
Residential
3,558
Single Family
3,489
Multi-Family
69
Businesses
348
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No similar rental properties found nearby.
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Listed by: Myra L Mollett • Seven Oaks Realty
Mls Name: MARIS
Mls ID: #26002100