613 W North 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
Rental property for sale in Mount Sterling at 613 W North St, Mount Sterling, IL, 62353 priced at $317,100 converts $2,168/mo rent into after a $1,552/mo obligation. Total monthly income equals $2,168/mo. Return on cash invested prints 19.55% in year one, and rental yield reads 8.2% against a $317,100 entry. Equity gained on principal adds $2,046/yr, while 5% annual appreciation compiles into $87,609 by year five. Five-year ROI reaches 101.91% and total cumulative return in cash sums $107,129. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,168/mo property income covering a $1,552/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
N/A 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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