209 S Lewis StBlue MoundIL62513
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 209 S Lewis St, Blue Mound, IL, 62513 in Blue Mound: $2,244/mo in rent, $545/mo net, 10.99% gross yield, all on a $245,000 acquisition. The 2.04 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $67,689 in value, and $2,256/yr in principal paydown steadily builds equity. Projected total cumulative return: $128,740.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 7.0% |
| Monthly Cash Flow | $545 | $1,200 |
City averages based on Blue Mound market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,244 |
| Total Monthly Debt Service | $1,602 |
| DSCR Ratio | 1.40x |
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 2004
6,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62513, Blue Mound, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 732 (100%) |
| Owner Occupied HU | 529 (72.3%) |
| Renter Occupied HU | 135 (18.4%) |
| Vacant Housing Units | 68 ( 9.3%) |
| Median Home Value | $122,955 |
| Average Home Value | $156,749 |
Housing Distribution
Address Breakdown
Residential
558
Single Family
558
Multi-Family
0
Businesses
42
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 2004
6,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62513, Blue Mound, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 732 (100%) |
| Owner Occupied HU | 529 (72.3%) |
| Renter Occupied HU | 135 (18.4%) |
| Vacant Housing Units | 68 ( 9.3%) |
| Median Home Value | $122,955 |
| Average Home Value | $156,749 |
Housing Distribution
Address Breakdown
Residential
558
Single Family
558
Multi-Family
0
Businesses
42
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A