106 E South StMount SterlingIL62353
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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 Mount Sterling at 106 E South St, Mount Sterling, IL, 62353 generates $0/mo in rent, after a $534/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -5.22% in year one, and rental yield is 0% on a $109,000 entry. Equity gained on principal adds $703/yr, while 5% annual appreciation builds toward $30,115 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
7,053 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62353, Mount Sterling, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,699 (100%) |
| Owner Occupied HU | 1,091 (64.2%) |
| Renter Occupied HU | 372 (21.9%) |
| Vacant Housing Units | 236 (13.9%) |
| Median Home Value | $157,093 |
| Average Home Value | $173,680 |
Housing Distribution
Address Breakdown
Residential
1,569
Single Family
1,506
Multi-Family
63
Businesses
168
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Kimberly Logan • KL Real Estate Inc
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6332970