512 E Oak StGreenvilleIL62246
Nearby investment properties with comparable rents
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 Greenville at 512 E Oak St, Greenville, IL, 62246 offers a 20.25% rental yield on a $134,800 purchase with $2,275/mo rent. Total monthly income registers $2,275/mo, and a $660/mo payment leaves $1,340/mo available for distribution. Annual cash flow reaches $16,077/yr on $44,686 to close, and return on cash invested stands at 55.89% in year one. Equity gained on principal adds $870/yr while 5% annual appreciation supports $37,243 over five years. Portfolio math shows five-year ROI at 296.78% and total cumulative return in cash at $132,622. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,275/mo property income against a $660/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
8,250 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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Listed by: Robert L Ellsworth • Wall Real Estate
Mls Name: MARIS
Mls Provider:
Mls ID: #24049968
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