11925 N Fork RdEqualityIL62934
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis Equality rental at 11925 N Fork Rd, Equality, IL, 62934 sits in the solid-income band: 10.36% gross yield, $1,727/mo rent, $340/mo net after the $899/mo debt service, DSCR 1.92. Entry price of $200,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $55,256 and $1,842/yr in principal reduction bring total cumulative return to $98,387.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 8.5% |
| Monthly Cash Flow | $340 | $1,200 |
City averages based on Equality market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,727 |
| Total Monthly Debt Service | $1,308 |
| DSCR Ratio | 1.32x |
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.
Manufactured
Built in 2007
6.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62934, Equality, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 431 (100%) |
| Owner Occupied HU | 296 (68.7%) |
| Renter Occupied HU | 61 (14.2%) |
| Vacant Housing Units | 74 (17.2%) |
| Median Home Value | $107,353 |
| Average Home Value | $161,681 |
Housing Distribution
Address Breakdown
Residential
327
Single Family
327
Multi-Family
0
Businesses
24
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
Manufactured
Built in 2007
6.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62934, Equality, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 431 (100%) |
| Owner Occupied HU | 296 (68.7%) |
| Renter Occupied HU | 61 (14.2%) |
| Vacant Housing Units | 74 (17.2%) |
| Median Home Value | $107,353 |
| Average Home Value | $161,681 |
Housing Distribution
Address Breakdown
Residential
327
Single Family
327
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices