704 Mortar 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 704 Mortar St, Mascoutah, IL, 62258 priced at $511,989 pairs $1,986/mo rent with after a $2,506/mo payment. Total monthly income equals $1,986/mo. Return on cash invested is 8.91% in year one, and rental yield stands at 4.65% on a $511,989 basis. Equity gained on principal adds $3,304/yr, and 5% annual appreciation accumulates to $141,453 by year five. Five-year ROI measures 44.81% and total cumulative return in cash reaches $75,484. For financing, Ziffy Mortgage’s DSCR program evaluates $1,986/mo property income against a $2,506/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
7,840 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: Katie Bergheger Mitchel • Re/Max Signature Properties
Mls Name: MARIS
Mls Provider:
Mls ID: #24076691
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