1129 N 2200 East RdMilfordIL60953
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 1129 N 2200 East Rd, Milford, IL, 60953 in Milford fits: $214,500, 5.2% gross yield, and a projected 5% annual appreciation rate adding $59,262 in value within five years. Rental yield 5.2%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.96) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $1,976/yr in principal paydown and $59,262 in appreciation project a total return of $46,160.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.2% | 7.0% |
| Monthly Cash Flow | $(558) | $300 |
City averages based on Milford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $930 |
| Total Monthly Debt Service | $1,402 |
| DSCR Ratio | 0.66x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1900
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60953, Milford, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,056 (100%) |
| Owner Occupied HU | 684 (64.8%) |
| Renter Occupied HU | 201 (19.0%) |
| Vacant Housing Units | 171 (16.2%) |
| Median Home Value | $134,091 |
| Average Home Value | $167,255 |
Housing Distribution
Address Breakdown
Residential
927
Single Family
895
Multi-Family
32
Businesses
73
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 1900
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60953, Milford, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,056 (100%) |
| Owner Occupied HU | 684 (64.8%) |
| Renter Occupied HU | 201 (19.0%) |
| Vacant Housing Units | 171 (16.2%) |
| Median Home Value | $134,091 |
| Average Home Value | $167,255 |
Housing Distribution
Address Breakdown
Residential
927
Single Family
895
Multi-Family
32
Businesses
73
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices