1520 N Alexander DrMount ZionIL62549
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeMost investment properties struggle to clear the 1.25x DSCR minimum. 1520 N Alexander Dr, Mount Zion, IL, 62549 in Mount Zion clears it at 1.58, a meaningful distinction for the Ziffy Mortgage DSCR approval process. Rental yield 8.55%. Strong coverage makes approval clean and leaves room for vacancy without breaching underwriting thresholds. Five-year appreciation: $82,857; $2,762/yr in principal equity; total projected return: $108,127.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.0% |
| Monthly Cash Flow | $(114) | $300 |
City averages based on Mount Zion market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,137 |
| Total Monthly Debt Service | $2,131 |
| DSCR Ratio | 1.00x |
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 1996
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62549, Mt Zion, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,655 (100%) |
| Owner Occupied HU | 1,971 (74.2%) |
| Renter Occupied HU | 474 (17.9%) |
| Vacant Housing Units | 210 ( 7.9%) |
| Median Home Value | $199,337 |
| Average Home Value | $213,962 |
Housing Distribution
Address Breakdown
Residential
2,594
Single Family
2,507
Multi-Family
87
Businesses
217
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 1996
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62549, Mt Zion, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,655 (100%) |
| Owner Occupied HU | 1,971 (74.2%) |
| Renter Occupied HU | 474 (17.9%) |
| Vacant Housing Units | 210 ( 7.9%) |
| Median Home Value | $199,337 |
| Average Home Value | $213,962 |
Housing Distribution
Address Breakdown
Residential
2,594
Single Family
2,507
Multi-Family
87
Businesses
217
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandra Yelovich • Brinkoetter REALTORS
Mls Name: CIBR
Mls Provider:
Mls ID: #6249253
Disclaimer: Copyright Central Illinois Board of REALTORS (CIBR). All rights reserved. Information is deemed reliable but not guaranteed.