115 S 4th StSavannaIL61074
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 115 S 4th St, Savanna, IL, 61074 in Savanna deserves attention. This $139,000 property earns $1,534/mo in rent, a 13.24% gross yield, and nets $569/mo after the $625/mo payment. DSCR 2.45 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $38,403 compounds alongside $1,280/yr in yearly equity build, for a total cumulative return of $89,876.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.2% | 6.2% |
| Monthly Cash Flow | $569 | $1,200 |
City averages based on Savanna market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,534 |
| Total Monthly Debt Service | $909 |
| DSCR Ratio | 1.69x |
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 1888
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61074, Savanna, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,294 (100%) |
| Owner Occupied HU | 1,393 (60.7%) |
| Renter Occupied HU | 505 (22.0%) |
| Vacant Housing Units | 396 (17.3%) |
| Median Home Value | $112,054 |
| Average Home Value | $154,907 |
Housing Distribution
Address Breakdown
Residential
1,933
Single Family
1,859
Multi-Family
74
Businesses
165
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 1888
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61074, Savanna, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,294 (100%) |
| Owner Occupied HU | 1,393 (60.7%) |
| Renter Occupied HU | 505 (22.0%) |
| Vacant Housing Units | 396 (17.3%) |
| Median Home Value | $112,054 |
| Average Home Value | $154,907 |
Housing Distribution
Address Breakdown
Residential
1,933
Single Family
1,859
Multi-Family
74
Businesses
165
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices