306 SW Cross StMount SterlingIL62353
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
Investment Highlights
Investment property for sale in Mount Sterling at 306 SW Cross St, Mount Sterling, IL, 62353 at $251,950 posts ROI 24.73% with $336/mo cash flow from $2,083/mo rent. Total monthly income equals $2,083/mo, and annual cash flow records $4,027/yr on $83,521 to close. Return on cash invested measures 24.73% and rental yield reads 9.92% at the current $251,950. Equity gained on principal adds $1,626/yr, and 5% annual appreciation supports $69,609 by year five. Five-year ROI prints 129.68% and total cumulative return in cash totals $108,310.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,083/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1966
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62353, Mount Sterling, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,699 (100%) |
| Owner Occupied HU | 1,091 (64.2%) |
| Renter Occupied HU | 372 (21.9%) |
| Vacant Housing Units | 236 (13.9%) |
| Median Home Value | $157,093 |
| Average Home Value | $173,680 |
Housing Distribution
Address Breakdown
Residential
1,569
Single Family
1,506
Multi-Family
63
Businesses
168
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Listed by: Aaron Walker • Legacy Land Co LLC
Mls Name: My State MLS
Mls ID: #11328923