9867 N State Highway 148Mount VernonIL62864
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
Total monthly income runs $1,910/mo, and a $2,154/mo payment. Purchase price stands at $440,000, and rental yield measures 5.21% with $1,910/mo rent. Return on cash invested shows 10.51% in year one, and 5% annual appreciation builds toward $121,564 over five years. Five-year ROI reaches 53.43% and total cumulative return in cash records $77,938. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,910/mo property income covering a $2,154/mo payment rather than investor’s personal income.
Single Family
Built in 1975
10.32 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cynthia A Bevis • King City Property Brokers
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB458617
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.