606 N Main StEdwardsvilleIL62025
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
Rental property for sale in Edwardsville at 606 N Main St, Edwardsville, IL, 62025 offers $1,368/mo rent that, after a $881/mo payment, leaves $120/mo cash flow. Total monthly income is $1,368/mo, and annual cash flow is $1,434/yr on $59,670 cash. Return on cash invested measures 22.31% in year one, and rental yield stands at 9.12% at a $180,000 entry. Equity gained on principal adds $1,162/yr while 5% annual appreciation compounds into $49,731 by year five. Five-year ROI records 116.75% and total cumulative return in cash reaches $69,665. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,368/mo property income versus a $881/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1860
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62025, Edwardsville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,931 (100%) |
| Owner Occupied HU | 9,974 (66.8%) |
| Renter Occupied HU | 3,684 (24.7%) |
| Vacant Housing Units | 1,273 ( 8.5%) |
| Median Home Value | $344,085 |
| Average Home Value | $380,272 |
Housing Distribution
Address Breakdown
Residential
14,276
Single Family
13,541
Multi-Family
735
Businesses
1,275
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Reggie Resper • Brick Street Group
Mls Name: MARIS
Mls ID: #26000972