302 W North 3rd StStewardsonIL62463
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 302 W North 3rd St, Stewardson, IL, 62463 in Stewardson is capital appreciation. Rental yield 0%. The 0% gross yield at $139,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $38,403 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.00) without U.S. credit history; structure with a larger down payment to optimise coverage.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 10.0% |
| Monthly Cash Flow | $0 | $200 |
City averages based on Stewardson market data in our database. Property projections are estimates.
Single Family
Built in 1910
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62463, Stewardson, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 563 (100%) |
| Owner Occupied HU | 427 (75.8%) |
| Renter Occupied HU | 93 (16.5%) |
| Vacant Housing Units | 43 ( 7.6%) |
| Median Home Value | $162,500 |
| Average Home Value | $214,748 |
Housing Distribution
Address Breakdown
Residential
390
Single Family
390
Multi-Family
0
Businesses
32
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 1910
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62463, Stewardson, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 563 (100%) |
| Owner Occupied HU | 427 (75.8%) |
| Renter Occupied HU | 93 (16.5%) |
| Vacant Housing Units | 43 ( 7.6%) |
| Median Home Value | $162,500 |
| Average Home Value | $214,748 |
Housing Distribution
Address Breakdown
Residential
390
Single Family
390
Multi-Family
0
Businesses
32
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: William Fonner • RE/MAX Key Advantage
Mls Name: CIBR
Mls ID: #6257071