625 W North StMount SterlingIL62353
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 625 W North St, Mount Sterling, IL, 62353 in Mount Sterling is capital appreciation. Rental yield 5.89%. The 5.89% gross yield at $329,500 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $91,035 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (1.12) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $85,687.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 8.0% |
| Monthly Cash Flow | $(696) | $150 |
City averages based on Mount Sterling market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,667 |
| Total Monthly Debt Service | $2,163 |
| DSCR Ratio | 0.77x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2024
0.28 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
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 2024
0.28 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lance Grady • LG Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1034589
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.