907 Franklin AveGreenvilleIL62246
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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 907 Franklin Ave, Greenville, IL, 62246 offers a 9.6% rental yield on a $105,000 purchase with $840/mo rent. Total monthly income registers $840/mo, and a $514/mo payment leaves $112/mo available for distribution. Annual cash flow reaches $1,339/yr on $34,808 to close, and return on cash invested stands at 23.76% in year one. Equity gained on principal adds $678/yr while 5% annual appreciation supports $29,010 over five years. Portfolio math shows five-year ROI at 124.5% and total cumulative return in cash at $43,334. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $840/mo property income against a $514/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
5,662 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: Curtis Thompson • Real Broker, LLC
Mls Name: RMLS Alliance
Mls ID: #CA1040614