119 Penny LnMacombIL61455
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow119 Penny Ln, Macomb, IL, 61455 in Macomb is a top-tier cash-flow asset. At $194,000 it produces $1,909/mo in rent and $564/mo in net monthly income, a 11.81% gross rental yield. The DSCR of 2.19 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $6,763. Five-year appreciation adds $53,599, driving a total cumulative return of $110,481.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 7.0% |
| Monthly Cash Flow | $564 | $300 |
City averages based on Macomb market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,909 |
| Total Monthly Debt Service | $1,268 |
| DSCR Ratio | 1.51x |
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 1959
9,375 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61455, Macomb, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,957 (100%) |
| Owner Occupied HU | 3,954 (44.1%) |
| Renter Occupied HU | 3,307 (36.9%) |
| Vacant Housing Units | 1,696 (18.9%) |
| Median Home Value | $134,948 |
| Average Home Value | $176,315 |
Housing Distribution
Address Breakdown
Residential
7,967
Single Family
7,342
Multi-Family
625
Businesses
763
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 1959
9,375 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61455, Macomb, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,957 (100%) |
| Owner Occupied HU | 3,954 (44.1%) |
| Renter Occupied HU | 3,307 (36.9%) |
| Vacant Housing Units | 1,696 (18.9%) |
| Median Home Value | $134,948 |
| Average Home Value | $176,315 |
Housing Distribution
Address Breakdown
Residential
7,967
Single Family
7,342
Multi-Family
625
Businesses
763
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices