101 N Harris StAuburnIL62615
INVESTMENT ANALYSIS
Investment Verdict
Solid Income101 N Harris St, Auburn, IL, 62615 in Auburn earns a respectable 9.24% gross yield at $119,000, but after the $535/mo mortgage the net cash flow is $91/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.71) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $32,878 over five years, making equity the dominant return driver. Total projected return: $51,401.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 5.5% |
| Monthly Cash Flow | $91 | $300 |
City averages based on Auburn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $916 |
| Total Monthly Debt Service | $778 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 N/A
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62615, Auburn, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,238 (100%) |
| Owner Occupied HU | 1,641 (73.3%) |
| Renter Occupied HU | 439 (19.6%) |
| Vacant Housing Units | 158 ( 7.1%) |
| Median Home Value | $227,596 |
| Average Home Value | $261,645 |
Housing Distribution
Address Breakdown
Residential
2,121
Single Family
2,081
Multi-Family
40
Businesses
128
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 N/A
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62615, Auburn, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,238 (100%) |
| Owner Occupied HU | 1,641 (73.3%) |
| Renter Occupied HU | 439 (19.6%) |
| Vacant Housing Units | 158 ( 7.1%) |
| Median Home Value | $227,596 |
| Average Home Value | $261,645 |
Housing Distribution
Address Breakdown
Residential
2,121
Single Family
2,081
Multi-Family
40
Businesses
128
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices