900 Ellis DrMount VernonIL62864
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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 Vernon at 900 Ellis Dr, Mount Vernon, IL, 62864 offers a 9.11% rental yield on a $135,000 purchase with $1,025/mo rent. Total monthly income registers $1,025/mo, and a $661/mo payment leaves $88/mo available for distribution. Annual cash flow reaches $1,060/yr on $44,753 to close, and return on cash invested stands at 22.28% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 116.59% and total cumulative return in cash at $52,177. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,025/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62864, Mount Vernon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,134 (100%) |
| Owner Occupied HU | 6,771 (60.8%) |
| Renter Occupied HU | 3,058 (27.5%) |
| Vacant Housing Units | 1,305 (11.7%) |
| Median Home Value | $132,704 |
| Average Home Value | $163,466 |
Housing Distribution
Address Breakdown
Residential
10,370
Single Family
9,654
Multi-Family
716
Businesses
1,259
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Listed by: Brian L Wood • Cross Davidson Real Estate
Mls Name: RMLS Alliance
Mls ID: #EB459884