321 E South StMoweaquaIL62550
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.43% yield at 321 E South St, Moweaqua, IL, 62550 in Moweaqua is solid, but the $618/mo payment compresses net cash flow to $126/mo at $137,500. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $37,989 by year five, and $1,266/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.75) without U.S. income documentation. Total projected return: $60,763.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.2% |
| Monthly Cash Flow | $126 | $400 |
City averages based on Moweaqua market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,080 |
| Total Monthly Debt Service | $899 |
| DSCR Ratio | 1.20x |
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 1900
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62550, Moweaqua, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,306 (100%) |
| Owner Occupied HU | 953 (73.0%) |
| Renter Occupied HU | 243 (18.6%) |
| Vacant Housing Units | 110 ( 8.4%) |
| Median Home Value | $151,361 |
| Average Home Value | $192,531 |
Housing Distribution
Address Breakdown
Residential
1,146
Single Family
1,146
Multi-Family
0
Businesses
91
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 1900
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62550, Moweaqua, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,306 (100%) |
| Owner Occupied HU | 953 (73.0%) |
| Renter Occupied HU | 243 (18.6%) |
| Vacant Housing Units | 110 ( 8.4%) |
| Median Home Value | $151,361 |
| Average Home Value | $192,531 |
Housing Distribution
Address Breakdown
Residential
1,146
Single Family
1,146
Multi-Family
0
Businesses
91
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices