109 Parkview DrForrestIL61741
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 109 Parkview Dr, Forrest, IL, 61741 in Forrest is priced for capital growth, not immediate cash flow. The $199,900 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $55,229 by year five, with $1,841/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.0% |
| Monthly Cash Flow | $0 | $300 |
City averages based on Forrest market data in our database. Property projections are estimates.
Single Family
Built in 1964
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61741, Forrest, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 672 (100%) |
| Owner Occupied HU | 475 (70.7%) |
| Renter Occupied HU | 116 (17.3%) |
| Vacant Housing Units | 81 (12.1%) |
| Median Home Value | $159,789 |
| Average Home Value | $183,263 |
Housing Distribution
Address Breakdown
Residential
200
Single Family
195
Multi-Family
5
Businesses
61
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 1964
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61741, Forrest, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 672 (100%) |
| Owner Occupied HU | 475 (70.7%) |
| Renter Occupied HU | 116 (17.3%) |
| Vacant Housing Units | 81 (12.1%) |
| Median Home Value | $159,789 |
| Average Home Value | $183,263 |
Housing Distribution
Address Breakdown
Residential
200
Single Family
195
Multi-Family
5
Businesses
61
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices