21250 County Highway 17CharlestonIL61920
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 21250 County Highway 17, Charleston, IL, 61920 in Charleston worth study. Rental yield 3.86%. The 3.86% gross yield is below cash-flow benchmarks at $387,500, but 5% annual appreciation, adding $107,059 over five years, frames this as a capital growth position. Rent of $1,246/mo partially offsets the $1,742/mo payment. Ziffy Mortgage finances appreciation-play properties (0.72 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $55,449.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.9% | 6.0% |
| Monthly Cash Flow | $(1,442) | $400 |
City averages based on Charleston market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,246 |
| Total Monthly Debt Service | $2,534 |
| DSCR Ratio | 0.49x |
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 1897
3.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61920, Charleston, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,918 (100%) |
| Owner Occupied HU | 4,689 (47.3%) |
| Renter Occupied HU | 3,790 (38.2%) |
| Vacant Housing Units | 1,439 (14.5%) |
| Median Home Value | $156,599 |
| Average Home Value | $197,069 |
Housing Distribution
Address Breakdown
Residential
9,340
Single Family
7,831
Multi-Family
1,509
Businesses
683
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 1897
3.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61920, Charleston, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,918 (100%) |
| Owner Occupied HU | 4,689 (47.3%) |
| Renter Occupied HU | 3,790 (38.2%) |
| Vacant Housing Units | 1,439 (14.5%) |
| Median Home Value | $156,599 |
| Average Home Value | $197,069 |
Housing Distribution
Address Breakdown
Residential
9,340
Single Family
7,831
Multi-Family
1,509
Businesses
683
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: CIBR
Mls ID: #6258467