506 Garfield StMount OliveIL62069
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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 Mount Olive at 506 Garfield St, Mount Olive, IL, 62069 at $184,900 posts ROI -5.2% with from $0/mo rent. Total monthly income equals $0/mo. Return on cash invested measures -5.2% and rental yield reads 0% at the current $184,900. Equity gained on principal adds $1,193/yr, and 5% annual appreciation supports $51,084 by year five. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $0/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1925
10,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62069, Mount Olive, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,628 (100%) |
| Owner Occupied HU | 1,178 (72.4%) |
| Renter Occupied HU | 248 (15.2%) |
| Vacant Housing Units | 202 (12.4%) |
| Median Home Value | $135,577 |
| Average Home Value | $174,041 |
Housing Distribution
Address Breakdown
Residential
1,394
Single Family
1,384
Multi-Family
10
Businesses
67
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: David A Cisler • Cisler & Associates Real Estate
Mls Name: MARIS
Mls ID: #25069200