105 N 3rd StMartintonIL60951
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 105 N 3rd St, Martinton, IL, 60951 in Martinton worth modelling. At $109,987 with a 9.35% gross yield, the $857/mo rent leaves $94/mo after the $495/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.73 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $30,387 by year five; $1,013/yr in principal reduction adds further equity. Total projected return: $48,117.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.0% |
| Monthly Cash Flow | $94 | $200 |
City averages based on Martinton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $857 |
| Total Monthly Debt Service | $719 |
| DSCR Ratio | 1.19x |
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 1950
3,375 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60951, Martinton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 356 (100%) |
| Owner Occupied HU | 272 (76.4%) |
| Renter Occupied HU | 52 (14.6%) |
| Vacant Housing Units | 32 ( 9.0%) |
| Median Home Value | $190,000 |
| Average Home Value | $214,642 |
Housing Distribution
Address Breakdown
Residential
267
Single Family
267
Multi-Family
0
Businesses
11
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 1950
3,375 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60951, Martinton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 356 (100%) |
| Owner Occupied HU | 272 (76.4%) |
| Renter Occupied HU | 52 (14.6%) |
| Vacant Housing Units | 32 ( 9.0%) |
| Median Home Value | $190,000 |
| Average Home Value | $214,642 |
Housing Distribution
Address Breakdown
Residential
267
Single Family
267
Multi-Family
0
Businesses
11
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices