104 E Stahl StElkhartIL62634
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow104 E Stahl St, Elkhart, IL, 62634 in Elkhart is a top-tier cash-flow asset. At $149,900 it produces $1,668/mo in rent and $628/mo in net monthly income, a 13.35% gross rental yield. The DSCR of 2.47 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $7,539. Five-year appreciation adds $41,415, driving a total cumulative return of $97,751.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.4% | 7.0% |
| Monthly Cash Flow | $628 | $200 |
City averages based on Elkhart market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,668 |
| Total Monthly Debt Service | $980 |
| DSCR Ratio | 1.70x |
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 1972
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62634, Elkhart, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 422 (100%) |
| Owner Occupied HU | 331 (78.4%) |
| Renter Occupied HU | 54 (12.8%) |
| Vacant Housing Units | 37 ( 8.8%) |
| Median Home Value | $144,063 |
| Average Home Value | $202,560 |
Housing Distribution
Address Breakdown
Residential
295
Single Family
295
Multi-Family
0
Businesses
24
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 1972
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62634, Elkhart, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 422 (100%) |
| Owner Occupied HU | 331 (78.4%) |
| Renter Occupied HU | 54 (12.8%) |
| Vacant Housing Units | 37 ( 8.8%) |
| Median Home Value | $144,063 |
| Average Home Value | $202,560 |
Housing Distribution
Address Breakdown
Residential
295
Single Family
295
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices