9598 Elm Shade RdRed BudIL62278
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
Rental property for sale in Red Bud at 9598 Elm Shade Rd, Red Bud, IL, 62278 generates $1,487/mo in rent, after a $1,199/mo payment. Total monthly income is $1,487/mo. Return on cash invested sits at 16.77% in year one, and rental yield is 7.28% on a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 87.01% and total cumulative return in cash sums $70,668. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,487/mo property income rather than buyer’s personal income.
Manufactured
Built in 1986
2.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62278, Red Bud, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,001 (100%) |
| Owner Occupied HU | 2,213 (73.7%) |
| Renter Occupied HU | 542 (18.1%) |
| Vacant Housing Units | 246 ( 8.2%) |
| Median Home Value | $215,244 |
| Average Home Value | $242,262 |
Housing Distribution
Address Breakdown
Residential
2,793
Single Family
2,719
Multi-Family
74
Businesses
247
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices