12042 N Dutch LnAshleyIL62808
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 12042 N Dutch Ln, Ashley, IL, 62808 in Ashley the bet is firmly on appreciation. Rental yield 4.92%. The 4.92% gross yield on a $249,000 price is below income-first thresholds, but 5%/yr value growth projects $68,794 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.91) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $49,725.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.9% | 6.2% |
| Monthly Cash Flow | $(707) | $1,800 |
City averages based on Ashley 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 | $1,020 |
| Total Monthly Debt Service | $1,628 |
| DSCR Ratio | 0.63x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1990
6.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62808, Ashley, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 629 (100%) |
| Owner Occupied HU | 429 (68.2%) |
| Renter Occupied HU | 101 (16.1%) |
| Vacant Housing Units | 99 (15.7%) |
| Median Home Value | $177,404 |
| Average Home Value | $204,633 |
Housing Distribution
Address Breakdown
Residential
489
Single Family
489
Multi-Family
0
Businesses
22
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 1990
6.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62808, Ashley, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 629 (100%) |
| Owner Occupied HU | 429 (68.2%) |
| Renter Occupied HU | 101 (16.1%) |
| Vacant Housing Units | 99 (15.7%) |
| Median Home Value | $177,404 |
| Average Home Value | $204,633 |
Housing Distribution
Address Breakdown
Residential
489
Single Family
489
Multi-Family
0
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices