115 E Logan StArthurIL61911
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 115 E Logan St, Arthur, IL, 61911 in Arthur at $153,000 earns $1,159/mo in rent and nets $98/mo after the $725/mo payment, a 9.09% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $42,271 over five years. Ziffy Mortgage underwrites this on a 1.60 DSCR without U.S. credit history. With $1,283/yr in principal paydown, total projected return reaches $61,974.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.5% |
| Monthly Cash Flow | $98 | $1,500 |
City averages based on Arthur 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 | $1,159 |
| Total Monthly Debt Service | $1,038 |
| DSCR Ratio | 1.12x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1920
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61911, Arthur, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,791 (100%) |
| Owner Occupied HU | 1,234 (68.9%) |
| Renter Occupied HU | 411 (22.9%) |
| Vacant Housing Units | 146 ( 8.2%) |
| Median Home Value | $206,129 |
| Average Home Value | $226,248 |
Housing Distribution
Address Breakdown
Residential
1,712
Single Family
1,650
Multi-Family
62
Businesses
254
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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
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Nearby investment properties with comparable prices
