0out of 100
Good Deal

602 East Green Street, Mascoutah, IL, USA

Score Breakdown
Value40/40
Cash Flow28/35
Location14/25
$
$170,000
%
$34,000 cash at risk up front
82
602 East Green Street, Mascoutah, IL, USA
3 bd1 ba

Good Deal

82/100

This is an excellent deal — priced below the local market with healthy equity after repairs. Watch that the neighborhood scores low.

Highlights
  • 54% below area price per sqft
  • $224k potential equity (72%)
  • $811/mo positive cash flow
  • 7.88% cap rate
Watch-outs
  • Neighborhood scores 57/100

Price vs. Market

Good
Your offer
$106/sqft
Area avg
$133/sqft
20% below market average
Your offer
$170,000
At market rate
$213,066

ARV Assessment

GoodLive · LLM + comps
ARV Low
$279k
Est. ARV
$314k
ARV High
$360k
Total Investment
$170k
Est. ARV
$314k
Rehab Cost
$9k
Potential Equity
$144k
Comparable Reasoning

The ARV range for the subject property after full renovation is estimated between $279,000 and $360,000 based on selected comparables.

2 more details
Condition Assessment

Property presents in full gut condition. Estimated rehab of $9k covers structural, mechanical, and full interior.

Methodology

Sales-comparison approach using 6 live sold comps from Realtor.com (filtered from 10 candidates), evaluated by LLM for proximity, recency, and renovation quality.

High confidence6 live sold comps

Comparable Sales

6 comps
612 E Green St, Mascoutah, IL
85% match
$180,000
$132/sqft
612 E Green St, Mascoutah, IL
4 2 1,3600.02 misold Dec 2025
404 N August St, Mascoutah, IL
85% match
$247,900
$195/sqft
404 N August St, Mascoutah, IL
3 2 1,2720.15 misold Dec 2025
318 E Phillips St, Mascoutah, IL
85% match
$203,000
$135/sqft
318 E Phillips St, Mascoutah, IL
4 2 1,5000.34 misold Apr 2026
548 N August St, Mascoutah, IL
85% match
$356,667
$113/sqft
548 N August St, Mascoutah, IL
4 3.5 3,1500.36 misold Aug 2021
12 E State St, Mascoutah, IL
85% match
$314,000
$103/sqft
12 E State St, Mascoutah, IL
4 3 3,0480.41 misold Mar 2026
601 Whetstone Ln, Mascoutah, IL
85% match
$354,000
$133/sqft
601 Whetstone Ln, Mascoutah, IL
4 3 2,6620.41 misold Jan 2026
ARV & comps — see the full analysis on Offa

Rental Income

GoodLive · 2 comps
25th pct
$1,600
Median /mo
$1,600
75th pct
$1,600
Monthly Rent
$1,600
Annual Rent
$19k
Rental Yield
11.3%
Cap Rate
6.2%
Market Assessment

Median area rent is $1,600/mo based on 2 comps. Standard deviation $4/mo indicates consistent pricing in the area.

2 more details
Comparable Reasoning

Based on 2 comparable rentals within 24.0 miles of similar houses, monthly rents range from $1,600 (25th percentile) to $1,600 (75th percentile), with a median of $1,600.

Methodology

Median + 25th/75th percentile of comparable Realtor.com rentals within 24.0 miles. Standard deviation: $4.

Based on 2 rental comps within 24.0 mi · σ $4
Rental analysis — see the full analysis on Offa

Financing Calculator

GoodLive rate · Freddie Mac
Using the current 6.49% 30-yr fixed national average (as of 2026-06-25). Adjust below to match your quote.
Price
$170,000
Loan
$136,000
$34,000
%
%
↓ Monthly Costs
↑ Income Potential
Principal + Interest$859/mo
Estimated Rent$1,600/mo
Taxes + Insurance$360/mo
Cash-on-Cash Return10.60%
Total Payment
$1,219/mo
Monthly Cash Flow
+$381/mo
Positive cash flow: $381/mo

Neighborhood Profile

FairLive Data
BTier
Stable Neighborhood60/100
Composite socioeconomic score
Median Income
$90k
Median Home
$230k
Median Rent
$1,231/mo
Homeownership
70.36%
Vacancy
7.45%
Population
10,292
Score Breakdown
Income & Wealth
67
Housing Market
54
Education
44
Employment
70
Stability
57
Infrastructure
89
Neighborhood data — see the full analysis on Offa

City Population

GoodLive Data
Mascoutah, IL
10-year population trend
+13.9% / decade
City Population
8,743
Density / sq mi
907
Area (sq mi)
10
Within 1 Mile
16,000
1-Mile Density
5,096
Trend Years
2014–2023

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