601 E Main StMascoutahIL62258
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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 Mascoutah at 601 E Main St, Mascoutah, IL, 62258 offers a 12.58% rental yield on a $187,000 purchase with $1,960/mo rent. Total monthly income registers $1,960/mo, and a $915/mo payment leaves $663/mo available for distribution. Annual cash flow reaches $7,958/yr on $61,991 to close, and return on cash invested stands at 32.75% in year one. Equity gained on principal adds $1,207/yr while 5% annual appreciation supports $51,665 over five years. Portfolio math shows five-year ROI at 172.74% and total cumulative return in cash at $107,082. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,960/mo property income against a $915/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62258, Mascoutah, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,248 (100%) |
| Owner Occupied HU | 3,093 (72.8%) |
| Renter Occupied HU | 810 (19.1%) |
| Vacant Housing Units | 345 ( 8.1%) |
| Median Home Value | $271,114 |
| Average Home Value | $278,002 |
Housing Distribution
Address Breakdown
Residential
4,159
Single Family
4,047
Multi-Family
112
Businesses
229
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Listed by: Patrick McMahan • McMahan Realty Group
Mls Name: MARIS
Mls Provider:
Mls ID: #24057115
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