1015 2nd StHenryIL61537
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1015 2nd St, Henry, IL, 61537 in Henry speaks for itself: 18.34% gross on a $105,000 price, generating $1,604/mo in rent and $876/mo in net income after the $472/mo debt service. DSCR 3.40, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,513 stacks alongside $29,010 in projected five-year appreciation and $967/yr in principal reduction. Projected total cumulative return: $96,531.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18.3% | 9.0% |
| Monthly Cash Flow | $876 | $1,500 |
City averages based on Henry market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,604 |
| Total Monthly Debt Service | $687 |
| DSCR Ratio | 2.34x |
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 1920
6,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61537, Henry, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,345 (100%) |
| Owner Occupied HU | 961 (71.4%) |
| Renter Occupied HU | 273 (20.3%) |
| Vacant Housing Units | 111 ( 8.3%) |
| Median Home Value | $139,145 |
| Average Home Value | $178,174 |
Housing Distribution
Address Breakdown
Residential
1,196
Single Family
1,133
Multi-Family
63
Businesses
109
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 1920
6,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61537, Henry, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,345 (100%) |
| Owner Occupied HU | 961 (71.4%) |
| Renter Occupied HU | 273 (20.3%) |
| Vacant Housing Units | 111 ( 8.3%) |
| Median Home Value | $139,145 |
| Average Home Value | $178,174 |
Housing Distribution
Address Breakdown
Residential
1,196
Single Family
1,133
Multi-Family
63
Businesses
109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chuck Cook • Jim Maloof Realty, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1253090
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.