811 N Ash StSaint ElmoIL62458
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeCapital preservation and steady income define 811 N Ash St, Saint Elmo, IL, 62458 in Saint Elmo. Rental yield 8.02%. The 1.41 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $99,461 and $3,018/yr in principal reduction project total return of $125,016.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.0% |
| Monthly Cash Flow | $(91) | $1,200 |
City averages based on Saint Elmo market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,406 |
| Total Monthly Debt Service | $2,442 |
| DSCR Ratio | 0.99x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1984
9.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62458, Saint Elmo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 936 (100%) |
| Owner Occupied HU | 682 (72.9%) |
| Renter Occupied HU | 134 (14.3%) |
| Vacant Housing Units | 120 (12.8%) |
| Median Home Value | $134,821 |
| Average Home Value | $172,262 |
Housing Distribution
Address Breakdown
Residential
883
Single Family
848
Multi-Family
35
Businesses
61
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erica Schaefer • Main Place Real Estate
Mls Name: CIBR
Mls Provider:
Mls ID: #6241420
Disclaimer: Copyright Central Illinois Board of REALTORS (CIBR). All rights reserved. Information is deemed reliable but not guaranteed.
