9142 Prospect RdMount OliveIL62069
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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 Olive at 9142 Prospect Rd, Mount Olive, IL, 62069 listed at $469,000 pairs $3,256/mo rent with a $2,296/mo payment to leave $2/mo cash flow. Total monthly income runs $3,256/mo, and annual cash flow reaches $29/yr on $155,474 cash to close. Return on cash invested measures 19.93% in year one, and rental yield registers 8.33% at a $469,000 basis. Equity gained on principal adds $3,026/yr, and annual property appreciation at 5% supports $129,576 by year five. Five-year ROI tracks 103.93% and total cumulative return in cash totals $161,587. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,256/mo property income relative to a $2,296/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
4.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62069, Mount Olive, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,628 (100%) |
| Owner Occupied HU | 1,178 (72.4%) |
| Renter Occupied HU | 248 (15.2%) |
| Vacant Housing Units | 202 (12.4%) |
| Median Home Value | $135,577 |
| Average Home Value | $174,041 |
Housing Distribution
Address Breakdown
Residential
1,394
Single Family
1,384
Multi-Family
10
Businesses
67
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Listed by: Seth A Goodman • ME Realty
Mls Name: RMLS Alliance
Mls ID: #CA1041380