11-11A45 Par CtApple RiverIL61001
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 11-11A45 Par Ct, Apple River, IL, 61001 in Apple River deserves attention. This $399,500 property earns $5,348/mo in rent, a 16.07% gross yield, and nets $2,294/mo after the $1,796/mo payment. DSCR 2.98 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $110,374 compounds alongside $3,679/yr in yearly equity build, for a total cumulative return of $301,621.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16.1% | 7.5% |
| Monthly Cash Flow | $2,294 | $1,200 |
City averages based on Apple River market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,348 |
| Total Monthly Debt Service | $2,896 |
| DSCR Ratio | 1.85x |
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 1992
1.10 Acres lot
$N/A/sqft
$3,406 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61001, Apple River, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,227 (100%) |
| Owner Occupied HU | 460 (37.5%) |
| Renter Occupied HU | 69 ( 5.6%) |
| Vacant Housing Units | 698 (56.9%) |
| Median Home Value | $248,148 |
| Average Home Value | $272,304 |
Housing Distribution
Address Breakdown
Residential
704
Single Family
696
Multi-Family
8
Businesses
23
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 1992
1.10 Acres lot
$N/A/sqft
$3,406 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61001, Apple River, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,227 (100%) |
| Owner Occupied HU | 460 (37.5%) |
| Renter Occupied HU | 69 ( 5.6%) |
| Vacant Housing Units | 698 (56.9%) |
| Median Home Value | $248,148 |
| Average Home Value | $272,304 |
Housing Distribution
Address Breakdown
Residential
704
Single Family
696
Multi-Family
8
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices