746 Rose LnGreenvilleIL62246
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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 Greenville at 746 Rose Ln, Greenville, IL, 62246 priced at $285,000 converts $3,619/mo rent into $1,625/mo cash flow after a $1,395/mo obligation. Total monthly income equals $3,619/mo, and annual cash flow totals $19,505/yr on $94,478 invested. Return on cash invested prints 40.55% in year one, and rental yield reads 15.24% against a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation compiles into $78,740 by year five. Five-year ROI reaches 214.64% and total cumulative return in cash sums $202,782. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,619/mo property income covering a $1,395/mo payment, not borrower’s personal income.
Single Family
Built in 2005
0.78 Acres lot
$N/A/sqft
$200 annually 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: Noel Harnetiaux • Bond County Realtors
Mls Name: MARIS
Mls Provider:
Mls ID: #24057502
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