706 E Main StGreenvilleIL62246
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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 Greenville at 706 E Main St, Greenville, IL, 62246 with 5% annual appreciation on a $124,500 basis while $1,237/mo rent supports operations. Total monthly income totals $1,237/mo and a $609/mo payment preserves $374/mo for cash returns. Annual cash flow comes to $4,486/yr on $41,272 deployed, and return on cash invested reaches 30.78% in year one. Equity gained on principal adds $803/yr, and five-year appreciation sums $34,397 alongside rental yield of 11.92%. Five-year ROI measures 162.08% and total cumulative return in cash totals $66,892.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,237/mo property income versus a $609/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
5,976 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62246, Greenville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,836 (100%) |
| Owner Occupied HU | 2,456 (64.0%) |
| Renter Occupied HU | 966 (25.2%) |
| Vacant Housing Units | 414 (10.8%) |
| Median Home Value | $149,191 |
| Average Home Value | $184,404 |
Housing Distribution
Address Breakdown
Residential
3,558
Single Family
3,489
Multi-Family
69
Businesses
348
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Listed by: Robert L Ellsworth • Wall Real Estate
Mls Name: MARIS
Mls Provider:
Mls ID: #24067250
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