116 Cherry CirWilliamsvilleIL62693
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeMost investment properties struggle to clear the 1.25x DSCR minimum. 116 Cherry Cir, Williamsville, IL, 62693 in Williamsville clears it at 1.51, a meaningful distinction for the Ziffy Mortgage DSCR approval process. Rental yield 8.13%. Strong coverage makes approval clean and leaves room for vacancy without breaching underwriting thresholds. Five-year appreciation: $123,747; $4,125/yr in principal equity; total projected return: $166,639.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 9.2% |
| Monthly Cash Flow | $(73) | $1,200 |
City averages based on Williamsville 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 | $3,034 |
| Total Monthly Debt Service | $2,929 |
| DSCR Ratio | 1.04x |
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 N/A
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62693, Williamsville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 769 (100%) |
| Owner Occupied HU | 602 (78.3%) |
| Renter Occupied HU | 101 (13.1%) |
| Vacant Housing Units | 66 ( 8.6%) |
| Median Home Value | $255,372 |
| Average Home Value | $263,526 |
Housing Distribution
Address Breakdown
Residential
544
Single Family
519
Multi-Family
25
Businesses
34
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 N/A
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62693, Williamsville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 769 (100%) |
| Owner Occupied HU | 602 (78.3%) |
| Renter Occupied HU | 101 (13.1%) |
| Vacant Housing Units | 66 ( 8.6%) |
| Median Home Value | $255,372 |
| Average Home Value | $263,526 |
Housing Distribution
Address Breakdown
Residential
544
Single Family
519
Multi-Family
25
Businesses
34
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A