512 W Harris 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
Rental property for sale in Greenville at 512 W Harris Ave, Greenville, IL, 62246 generates $1,721/mo in rent and, after a $1,170/mo payment, leaves $63/mo in cash flow. Total monthly income is $1,721/mo, and annual cash flow is $756/yr on $79,229 invested. Return on cash invested sits at 20.86% in year one, and rental yield is 8.64% on a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 109.01% and total cumulative return in cash sums $86,364. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,721/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
8,894 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: Noel Harnetiaux • Bond County Realtors
Mls Name: MARIS
Mls ID: #25072608