509 W Saint Louis StNashvilleIL62263
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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 Nashville at 509 W Saint Louis St, Nashville, IL, 62263 with 5% annual appreciation on a $215,000 basis while $1,686/mo rent supports operations. Total monthly income totals $1,686/mo and a $1,052/mo payment preserves $195/mo for cash returns. Annual cash flow comes to $2,340/yr on $71,273 deployed, and return on cash invested reaches 23.19% in year one. Equity gained on principal adds $1,387/yr, and five-year appreciation sums $59,401 alongside rental yield of 9.41%. Five-year ROI measures 121.5% and total cumulative return in cash totals $86,593.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,686/mo property income versus a $1,052/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62263, Nashville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,329 (100%) |
| Owner Occupied HU | 1,607 (69.0%) |
| Renter Occupied HU | 478 (20.5%) |
| Vacant Housing Units | 244 (10.5%) |
| Median Home Value | $171,900 |
| Average Home Value | $228,787 |
Housing Distribution
Address Breakdown
Residential
2,220
Single Family
2,187
Multi-Family
33
Businesses
327
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