623 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
Total monthly income runs $2,357/mo, and a $1,662/mo payment. Purchase price stands at $339,500, and rental yield measures 8.33% with $2,357/mo rent. Return on cash invested shows 19.84% in year one, and 5% annual appreciation builds toward $93,798 over five years. Five-year ROI reaches 103.49% and total cumulative return in cash records $116,477. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,357/mo property income covering a $1,662/mo payment rather than investor’s personal income.
Single Family
Built in 2024
0.29 Acres lot
$N/A/sqft
$100 annually 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: Lance Grady • LG Realty
Mls Name: Quincy AOR
Mls Provider:
Mls ID: #203774
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