403 E Cooke StMount PulaskiIL62548
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeMost investment properties struggle to clear the 1.25x DSCR minimum. 403 E Cooke St, Mount Pulaski, IL, 62548 in Mount Pulaski clears it at 1.68, a meaningful distinction for the Ziffy Mortgage DSCR approval process. Rental yield 9.04%. Strong coverage makes approval clean and leaves room for vacancy without breaching underwriting thresholds. Five-year appreciation: $33,983; $1,133/yr in principal equity; total projected return: $51,802.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 6.2% |
| Monthly Cash Flow | $(37) | $400 |
City averages based on Mount Pulaski market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $927 |
| Total Monthly Debt Service | $804 |
| DSCR Ratio | 1.15x |
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 1886
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62548, Mount Pulaski, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,047 (100%) |
| Owner Occupied HU | 756 (72.2%) |
| Renter Occupied HU | 187 (17.9%) |
| Vacant Housing Units | 104 ( 9.9%) |
| Median Home Value | $124,260 |
| Average Home Value | $154,897 |
Housing Distribution
Address Breakdown
Residential
932
Single Family
932
Multi-Family
0
Businesses
69
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 1886
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62548, Mount Pulaski, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,047 (100%) |
| Owner Occupied HU | 756 (72.2%) |
| Renter Occupied HU | 187 (17.9%) |
| Vacant Housing Units | 104 ( 9.9%) |
| Median Home Value | $124,260 |
| Average Home Value | $154,897 |
Housing Distribution
Address Breakdown
Residential
932
Single Family
932
Multi-Family
0
Businesses
69
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Natalie Nielsen • Pathway Realty, PLLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12401697