744 W Lebanon StNashvilleIL62263
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
Investment property for sale in Nashville at 744 W Lebanon St, Nashville, IL, 62263 offers a 9.47% rental yield on a $125,000 purchase with $986/mo rent. Total monthly income registers $986/mo, and a $612/mo payment leaves $119/mo available for distribution. Annual cash flow reaches $1,425/yr on $41,438 to close, and return on cash invested stands at 23.35% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 122.28% and total cumulative return in cash at $50,669. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $986/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
7,978 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62263, Nashville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,329 (100%) |
| Owner Occupied HU | 1,607 (69.0%) |
| Renter Occupied HU | 478 (20.5%) |
| Vacant Housing Units | 244 (10.5%) |
| Median Home Value | $171,900 |
| Average Home Value | $228,787 |
Housing Distribution
Address Breakdown
Residential
2,220
Single Family
2,187
Multi-Family
33
Businesses
327
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices