89 S Main StCentraliaIL62803
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 89 S Main St, Centralia, IL, 62803 in Centralia is capital appreciation. Rental yield 3.87%. The 3.87% gross yield at $149,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $41,166 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.72) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $21,376.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.9% | 9.0% |
| Monthly Cash Flow | $(553) | $350 |
City averages based on Centralia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $480 |
| Total Monthly Debt Service | $974 |
| DSCR Ratio | 0.49x |
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 1902
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62803, Hoyleton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 401 (100%) |
| Owner Occupied HU | 321 (80.0%) |
| Renter Occupied HU | 56 (14.0%) |
| Vacant Housing Units | 24 ( 6.0%) |
| Median Home Value | $178,750 |
| Average Home Value | $305,919 |
Housing Distribution
Address Breakdown
Residential
360
Single Family
360
Multi-Family
0
Businesses
23
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 1902
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62803, Hoyleton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 401 (100%) |
| Owner Occupied HU | 321 (80.0%) |
| Renter Occupied HU | 56 (14.0%) |
| Vacant Housing Units | 24 ( 6.0%) |
| Median Home Value | $178,750 |
| Average Home Value | $305,919 |
Housing Distribution
Address Breakdown
Residential
360
Single Family
360
Multi-Family
0
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices