1015 Vines RdCobdenIL62920
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 1015 Vines Rd, Cobden, IL, 62920 in Cobden worth study. Rental yield 5.76%. The 5.76% gross yield is below cash-flow benchmarks at $213,480, but 5% annual appreciation, adding $58,981 over five years, frames this as a capital growth position. Rent of $2,040/mo partially offsets the $960/mo payment. Ziffy Mortgage finances appreciation-play properties (2.13 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $117,669.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.8% | 8.0% |
| Monthly Cash Flow | $(908) | $1,000 |
City averages based on Cobden market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,040 |
| Total Monthly Debt Service | $1,396 |
| DSCR Ratio | 1.46x |
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
4.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62920, Cobden, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,333 (100%) |
| Owner Occupied HU | 1,017 (76.3%) |
| Renter Occupied HU | 178 (13.4%) |
| Vacant Housing Units | 138 (10.4%) |
| Median Home Value | $175,521 |
| Average Home Value | $251,944 |
Housing Distribution
Address Breakdown
Residential
1,102
Single Family
1,102
Multi-Family
0
Businesses
51
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
4.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62920, Cobden, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,333 (100%) |
| Owner Occupied HU | 1,017 (76.3%) |
| Renter Occupied HU | 178 (13.4%) |
| Vacant Housing Units | 138 (10.4%) |
| Median Home Value | $175,521 |
| Average Home Value | $251,944 |
Housing Distribution
Address Breakdown
Residential
1,102
Single Family
1,102
Multi-Family
0
Businesses
51
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices