812 W Mill StStauntonIL62088
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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 Staunton at 812 W Mill St, Staunton, IL, 62088 offers $900/mo rent that, after a $832/mo payment. Total monthly income is $900/mo. Return on cash invested measures 13.97% in year one, and rental yield stands at 6.35% at a $170,000 entry. Equity gained on principal adds $1,097/yr while 5% annual appreciation compounds into $46,968 by year five. Five-year ROI records 71.95% and total cumulative return in cash reaches $40,545. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $900/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
5,227 sqft 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
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