609 E North StStauntonIL62088
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 609 E North St, Staunton, IL, 62088 in Staunton speaks for itself: 11.53% gross on a $275,000 price, generating $2,642/mo in rent and $735/mo in net income after the $1,237/mo debt service. DSCR 2.14, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,819 stacks alongside $75,977 in projected five-year appreciation and $2,533/yr in principal reduction. Projected total cumulative return: $152,427.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 8.0% |
| Monthly Cash Flow | $735 | $1,500 |
City averages based on Staunton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,642 |
| Total Monthly Debt Service | $1,798 |
| DSCR Ratio | 1.47x |
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 2025
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62088, Staunton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,076 (100%) |
| Owner Occupied HU | 2,121 (69.0%) |
| Renter Occupied HU | 659 (21.4%) |
| Vacant Housing Units | 296 ( 9.6%) |
| Median Home Value | $151,474 |
| Average Home Value | $187,077 |
Housing Distribution
Address Breakdown
Residential
2,953
Single Family
2,876
Multi-Family
77
Businesses
185
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 2025
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62088, Staunton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,076 (100%) |
| Owner Occupied HU | 2,121 (69.0%) |
| Renter Occupied HU | 659 (21.4%) |
| Vacant Housing Units | 296 ( 9.6%) |
| Median Home Value | $151,474 |
| Average Home Value | $187,077 |
Housing Distribution
Address Breakdown
Residential
2,953
Single Family
2,876
Multi-Family
77
Businesses
185
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices