1016 Misty Landing CtMaltaIL60150
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow1016 Misty Landing Ct, Malta, IL, 60150 in Malta is a top-tier cash-flow asset. At $310,000 it produces $3,026/mo in rent and $876/mo in net monthly income, a 11.72% gross rental yield. The DSCR of 2.17 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $10,514. Five-year appreciation adds $85,647, driving a total cumulative return of $174,960.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 7.0% |
| Monthly Cash Flow | $876 | $300 |
City averages based on Malta market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,026 |
| Total Monthly Debt Service | $2,027 |
| DSCR Ratio | 1.49x |
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 2006
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60150, Malta, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 715 (100%) |
| Owner Occupied HU | 478 (66.9%) |
| Renter Occupied HU | 161 (22.5%) |
| Vacant Housing Units | 76 (10.6%) |
| Median Home Value | $224,194 |
| Average Home Value | $265,361 |
Housing Distribution
Address Breakdown
Residential
444
Single Family
444
Multi-Family
0
Businesses
28
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 2006
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60150, Malta, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 715 (100%) |
| Owner Occupied HU | 478 (66.9%) |
| Renter Occupied HU | 161 (22.5%) |
| Vacant Housing Units | 76 (10.6%) |
| Median Home Value | $224,194 |
| Average Home Value | $265,361 |
Housing Distribution
Address Breakdown
Residential
444
Single Family
444
Multi-Family
0
Businesses
28
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices