10 Lewis StMechanicsburgIL62545
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 10 Lewis St, Mechanicsburg, IL, 62545 in Mechanicsburg, $159,900, 8.59% gross yield, $36/mo net income. Consider it a market-entry position, the $1,145/mo rent covers the $719/mo payment with a margin, and 5%/yr appreciation is projected to add $44,177 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.59) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $63,487.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 10.0% |
| Monthly Cash Flow | $36 | $150 |
City averages based on Mechanicsburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,145 |
| Total Monthly Debt Service | $1,045 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1900
0.72 Acres lot
$N/A/sqft
No HOA
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
Single Family
Built in 1900
0.72 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Zepin • Craggs REALTORS, Inc.
Mls Name: RMLS Alliance
Mls ID: #CA1041640