602 Mortar StMascoutahIL62258
Nearby investment properties with comparable rents
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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 Mascoutah at 602 Mortar St, Mascoutah, IL, 62258 priced at $489,000 pairs $2,520/mo rent with after a $2,393/mo payment. Total monthly income equals $2,520/mo. Return on cash invested is 13.46% in year one, and rental yield stands at 6.18% on a $489,000 basis. Equity gained on principal adds $3,155/yr, and 5% annual appreciation accumulates to $135,102 by year five. Five-year ROI measures 69.23% and total cumulative return in cash reaches $112,222. For financing, Ziffy Mortgage’s DSCR program evaluates $2,520/mo property income against a $2,393/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
8,712 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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