1359 Shiloh RdMoundsIL62964
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 1359 Shiloh Rd, Mounds, IL, 62964 in Mounds. Rental yield 2.57%. At $224,000 with 2.57% gross yield, current distributions are modest, but the 5% appreciation rate projects $61,887 in new equity by year five, complemented by $2,063/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.48) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $16,604.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.6% | 6.0% |
| Monthly Cash Flow | $(1,074) | $300 |
City averages based on Mounds market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $480 |
| Total Monthly Debt Service | $1,465 |
| DSCR Ratio | 0.33x |
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 2020
15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62964, Mounds, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 675 (100%) |
| Owner Occupied HU | 364 (53.9%) |
| Renter Occupied HU | 160 (23.7%) |
| Vacant Housing Units | 151 (22.4%) |
| Median Home Value | $77,895 |
| Average Home Value | $89,876 |
Housing Distribution
Address Breakdown
Residential
513
Single Family
513
Multi-Family
0
Businesses
66
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 2020
15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62964, Mounds, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 675 (100%) |
| Owner Occupied HU | 364 (53.9%) |
| Renter Occupied HU | 160 (23.7%) |
| Vacant Housing Units | 151 (22.4%) |
| Median Home Value | $77,895 |
| Average Home Value | $89,876 |
Housing Distribution
Address Breakdown
Residential
513
Single Family
513
Multi-Family
0
Businesses
66
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices