11283 E State Highway 9EllisvilleIL61431
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 11283 E State Highway 9, Ellisville, IL, 61431 in Ellisville the bet is firmly on appreciation. Rental yield 5.86%. The 5.86% gross yield on a $310,000 price is below income-first thresholds, but 5%/yr value growth projects $85,647 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (1.09) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $77,592.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 8.0% |
| Monthly Cash Flow | $(637) | $200 |
City averages based on Ellisville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,513 |
| Total Monthly Debt Service | $2,027 |
| DSCR Ratio | 0.75x |
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 1965
10.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61431, Ellisville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 142 (100%) |
| Owner Occupied HU | 111 (78.2%) |
| Renter Occupied HU | 14 ( 9.9%) |
| Vacant Housing Units | 17 (12.0%) |
| Median Home Value | $146,250 |
| Average Home Value | $183,739 |
Housing Distribution
Address Breakdown
Residential
122
Single Family
122
Multi-Family
0
Businesses
9
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 1965
10.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61431, Ellisville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 142 (100%) |
| Owner Occupied HU | 111 (78.2%) |
| Renter Occupied HU | 14 ( 9.9%) |
| Vacant Housing Units | 17 (12.0%) |
| Median Home Value | $146,250 |
| Average Home Value | $183,739 |
Housing Distribution
Address Breakdown
Residential
122
Single Family
122
Multi-Family
0
Businesses
9
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Ruey • Jim Maloof Realty, Inc.
Mls Name: RMLS Alliance
Mls ID: #PA1261471