610 E Green 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
Rental property for sale in Mascoutah at 610 E Green St, Mascoutah, IL, 62258 offers $1,042/mo rent that, after a $660/mo payment, leaves $107/mo cash flow. Total monthly income is $1,042/mo, and annual cash flow is $1,279/yr on $44,719 cash. Return on cash invested measures 22.77% in year one, and rental yield stands at 9.27% at a $134,900 entry. Equity gained on principal adds $870/yr while 5% annual appreciation compounds into $37,270 by year five. Five-year ROI records 119.18% and total cumulative return in cash reaches $53,297. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,042/mo property income versus a $660/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1995
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: Suzanne C Mitchell-Santos • Realty Center Usa, Llc
Mls Name: MARIS
Mls Provider:
Mls ID: #25021291
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