12010 S Michener LnKingston MinesIL61539
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.01% yield at 12010 S Michener Ln, Kingston Mines, IL, 61539 in Kingston Mines is solid, but the $576/mo payment compresses net cash flow to $73/mo at $128,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $35,364 by year five, and $1,179/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.67) without U.S. income documentation. Total projected return: $53,648.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 9.0% |
| Monthly Cash Flow | $73 | $1,200 |
City averages based on Kingston Mines market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $961 |
| Total Monthly Debt Service | $837 |
| DSCR Ratio | 1.15x |
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 1965
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61539, Kingston Mines, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 92 (100%) |
| Owner Occupied HU | 71 (77.2%) |
| Renter Occupied HU | 14 (15.2%) |
| Vacant Housing Units | 7 ( 7.6%) |
| Median Home Value | $185,938 |
| Average Home Value | $194,789 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
8
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 1965
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61539, Kingston Mines, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 92 (100%) |
| Owner Occupied HU | 71 (77.2%) |
| Renter Occupied HU | 14 (15.2%) |
| Vacant Housing Units | 7 ( 7.6%) |
| Median Home Value | $185,938 |
| Average Home Value | $194,789 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
8
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pam Keller • RE/MAX Rising
Mls Name: RMLS Alliance
Mls ID: #PA1258997