400 E Chestnut StMount SterlingIL62353
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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 400 E Chestnut St, Mount Sterling, IL, 62353 earns from $1,051/mo rent with a $778/mo payment. Total monthly income totals $1,051/mo. ROI tracks 18.73% on current figures, and rental yield reads 7.93% at a $159,000 purchase. Equity gained on principal adds $1,026/yr, and 5% annual appreciation supports $43,929 over five years. Five-year ROI reaches 97.58% and total cumulative return in cash sums $51,432. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,051/mo property income instead of your personal income.
Single Family
Built in N/A
0.31 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: Lisa Hapke • Bower & Associates Inc., REALTORS - Mt. Sterling
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12483877