106 W Olive StWyomingIL61491
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $114,990, 106 W Olive St, Wyoming, IL, 61491 in Wyoming generates $870/mo in rent (9.08% yield) but nets only $72/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.68) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $31,770. Total projected return: $48,680.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 7.5% |
| Monthly Cash Flow | $72 | $300 |
City averages based on Wyoming market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $870 |
| Total Monthly Debt Service | $752 |
| DSCR Ratio | 1.16x |
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 1910
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61491, Wyoming, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 894 (100%) |
| Owner Occupied HU | 621 (69.5%) |
| Renter Occupied HU | 146 (16.3%) |
| Vacant Housing Units | 127 (14.2%) |
| Median Home Value | $121,677 |
| Average Home Value | $160,700 |
Housing Distribution
Address Breakdown
Residential
858
Single Family
842
Multi-Family
16
Businesses
76
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 1910
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61491, Wyoming, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 894 (100%) |
| Owner Occupied HU | 621 (69.5%) |
| Renter Occupied HU | 146 (16.3%) |
| Vacant Housing Units | 127 (14.2%) |
| Median Home Value | $121,677 |
| Average Home Value | $160,700 |
Housing Distribution
Address Breakdown
Residential
858
Single Family
842
Multi-Family
16
Businesses
76
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices