101 S 4th StMound CityIL62963
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 101 S 4th St, Mound City, IL, 62963 in Mound City worth modelling. At $202,500 with a 9.48% gross yield, the $1,264/mo rent leaves $154/mo after the $911/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.39 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $55,947 by year five; $1,865/yr in principal reduction adds further equity. Total projected return: $68,380.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 8.0% |
| Monthly Cash Flow | $154 | $500 |
City averages based on Mound City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,264 |
| Total Monthly Debt Service | $1,324 |
| DSCR Ratio | 0.95x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62963, Mound City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 281 (100%) |
| Owner Occupied HU | 125 (44.5%) |
| Renter Occupied HU | 102 (36.3%) |
| Vacant Housing Units | 54 (19.2%) |
| Median Home Value | $47,000 |
| Average Home Value | $63,520 |
Housing Distribution
Address Breakdown
Residential
190
Single Family
190
Multi-Family
0
Businesses
28
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 N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62963, Mound City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 281 (100%) |
| Owner Occupied HU | 125 (44.5%) |
| Renter Occupied HU | 102 (36.3%) |
| Vacant Housing Units | 54 (19.2%) |
| Median Home Value | $47,000 |
| Average Home Value | $63,520 |
Housing Distribution
Address Breakdown
Residential
190
Single Family
190
Multi-Family
0
Businesses
28
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices