213 S Central StMineralIL61344
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 213 S Central St, Mineral, IL, 61344 in Mineral is narrow, $82/mo net on $776/mo rent after the $450/mo debt service, but the property operates at break-even-plus, not a loss. At $100,000 with a 9.31% yield, the long-run equity case via 5% appreciation ($27,628 over five years) and $921/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.72 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $43,517.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 5.0% |
| Monthly Cash Flow | $82 | $150 |
City averages based on Mineral market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $776 |
| Total Monthly Debt Service | $654 |
| DSCR Ratio | 1.19x |
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 1970
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61344, Mineral, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 173 (100%) |
| Owner Occupied HU | 127 (73.4%) |
| Renter Occupied HU | 26 (15.0%) |
| Vacant Housing Units | 20 (11.6%) |
| Median Home Value | $182,955 |
| Average Home Value | $231,339 |
Housing Distribution
Address Breakdown
Residential
76
Single Family
76
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 1970
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61344, Mineral, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 173 (100%) |
| Owner Occupied HU | 127 (73.4%) |
| Renter Occupied HU | 26 (15.0%) |
| Vacant Housing Units | 20 (11.6%) |
| Median Home Value | $182,955 |
| Average Home Value | $231,339 |
Housing Distribution
Address Breakdown
Residential
76
Single Family
76
Multi-Family
0
Businesses
9
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Phillip Esquer • Arrow Real Estate Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4263049
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.