690 Emerald AveMount ZionIL62549
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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 Mount Zion at 690 Emerald Ave, Mount Zion, IL, 62549 with 5% annual appreciation on a $379,500 basis while $2,603/mo rent supports operations. 63% in year one. Equity gained on principal adds $2,449/yr, and five-year appreciation sums $104,849 alongside rental yield of 8.23%. Five-year ROI measures 102.37% and total cumulative return in cash totals $128,784. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,603/mo property income versus a $1,857/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62549, Mt Zion, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,655 (100%) |
| Owner Occupied HU | 1,971 (74.2%) |
| Renter Occupied HU | 474 (17.9%) |
| Vacant Housing Units | 210 ( 7.9%) |
| Median Home Value | $199,337 |
| Average Home Value | $213,962 |
Housing Distribution
Address Breakdown
Residential
2,594
Single Family
2,507
Multi-Family
87
Businesses
217
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Listed by: Tony Piraino • Brinkoetter REALTORS
Mls Name: CIBR
Mls Provider:
Mls ID: #6247409
Disclaimer: Copyright Central Illinois Board of REALTORS (CIBR). All rights reserved. Information is deemed reliable but not guaranteed.