1155 La CrestaFreeportIL61032
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1155 La Cresta, Freeport, IL, 61032 in Freeport speaks for itself: 14.26% gross on a $160,000 price, generating $1,901/mo in rent and $791/mo in net income after the $719/mo debt service. DSCR 2.64, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $9,492 stacks alongside $44,205 in projected five-year appreciation and $1,474/yr in principal reduction. Projected total cumulative return: $112,168.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.3% | 8.0% |
| Monthly Cash Flow | $791 | $800 |
City averages based on Freeport market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,901 |
| Total Monthly Debt Service | $1,046 |
| DSCR Ratio | 1.82x |
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 1953
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61032, Freeport, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,514 (100%) |
| Owner Occupied HU | 8,485 (58.5%) |
| Renter Occupied HU | 4,354 (30.0%) |
| Vacant Housing Units | 1,675 (11.5%) |
| Median Home Value | $117,056 |
| Average Home Value | $149,942 |
Housing Distribution
Address Breakdown
Residential
13,208
Single Family
12,024
Multi-Family
1,184
Businesses
1,072
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 1953
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61032, Freeport, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,514 (100%) |
| Owner Occupied HU | 8,485 (58.5%) |
| Renter Occupied HU | 4,354 (30.0%) |
| Vacant Housing Units | 1,675 (11.5%) |
| Median Home Value | $117,056 |
| Average Home Value | $149,942 |
Housing Distribution
Address Breakdown
Residential
13,208
Single Family
12,024
Multi-Family
1,184
Businesses
1,072
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices