110 E Bishop StYates CityIL61572
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 110 E Bishop St, Yates City, IL, 61572 in Yates City. At $108,000 it earns $1,049/mo in rent and distributes $300/mo to the owner after the $486/mo payment, a consistent 11.65% yield. DSCR 2.16 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $29,838 in value; $995/yr in principal paydown compounds ownership stake. Total projected return: $60,616.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 6.0% |
| Monthly Cash Flow | $300 | $350 |
City averages based on Yates City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,049 |
| Total Monthly Debt Service | $706 |
| DSCR Ratio | 1.49x |
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 1930
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61572, Yates City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 530 (100%) |
| Owner Occupied HU | 396 (74.7%) |
| Renter Occupied HU | 63 (11.9%) |
| Vacant Housing Units | 71 (13.4%) |
| Median Home Value | $140,909 |
| Average Home Value | $174,710 |
Housing Distribution
Address Breakdown
Residential
346
Single Family
346
Multi-Family
0
Businesses
18
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 1930
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61572, Yates City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 530 (100%) |
| Owner Occupied HU | 396 (74.7%) |
| Renter Occupied HU | 63 (11.9%) |
| Vacant Housing Units | 71 (13.4%) |
| Median Home Value | $140,909 |
| Average Home Value | $174,710 |
Housing Distribution
Address Breakdown
Residential
346
Single Family
346
Multi-Family
0
Businesses
18
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sherri D Delost • Jim Maloof Realty, Inc.
Mls Name: RMLS Alliance
Mls ID: #PA1262576