511 W 3rd StSaint PeterIL62880
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play511 W 3rd St, Saint Peter, IL, 62880 in Saint Peter is priced for appreciation, not yield. Rental yield 0%. At $166,400 with a 0% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $45,973 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.00) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $1,200 |
City averages based on Saint Peter market data in our database. Property projections are estimates.
Single Family
Built in 1959
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62880, Saint Peter, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 259 (100%) |
| Owner Occupied HU | 203 (78.4%) |
| Renter Occupied HU | 31 (12.0%) |
| Vacant Housing Units | 25 ( 9.7%) |
| Median Home Value | $147,917 |
| Average Home Value | $231,071 |
Housing Distribution
Address Breakdown
Residential
208
Single Family
208
Multi-Family
0
Businesses
21
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 1959
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62880, Saint Peter, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 259 (100%) |
| Owner Occupied HU | 203 (78.4%) |
| Renter Occupied HU | 31 (12.0%) |
| Vacant Housing Units | 25 ( 9.7%) |
| Median Home Value | $147,917 |
| Average Home Value | $231,071 |
Housing Distribution
Address Breakdown
Residential
208
Single Family
208
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Kristine Nalley • Fayette County Real Estate
Mls Name: MARIS
Mls ID: #26004443