120 S Walnut StAssumptionIL62510
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 120 S Walnut St, Assumption, IL, 62510 in Assumption: $1,284/mo in rent, $296/mo in net income, 10.81% gross yield, 2.00 DSCR, all at $142,500. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $39,370 in appreciation and $1,312/yr in principal paydown projects total cumulative return of $73,553.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.0% |
| Monthly Cash Flow | $296 | $300 |
City averages based on Assumption 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 | $1,284 |
| Total Monthly Debt Service | $932 |
| DSCR Ratio | 1.38x |
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 1900
8,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62510, Assumption, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 739 (100%) |
| Owner Occupied HU | 523 (70.8%) |
| Renter Occupied HU | 137 (18.5%) |
| Vacant Housing Units | 79 (10.7%) |
| Median Home Value | $87,404 |
| Average Home Value | $151,463 |
Housing Distribution
Address Breakdown
Residential
705
Single Family
688
Multi-Family
17
Businesses
69
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 1900
8,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62510, Assumption, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 739 (100%) |
| Owner Occupied HU | 523 (70.8%) |
| Renter Occupied HU | 137 (18.5%) |
| Vacant Housing Units | 79 (10.7%) |
| Median Home Value | $87,404 |
| Average Home Value | $151,463 |
Housing Distribution
Address Breakdown
Residential
705
Single Family
688
Multi-Family
17
Businesses
69
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: RMLS Alliance as distributed by MLS GRID
Mls ID: #CA1043335