1208 12th StViolaIL61486
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.27% yield at 1208 12th St, Viola, IL, 61486 in Viola is solid, but the $708/mo payment compresses net cash flow to $100/mo at $157,500. 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 $43,514 by year five, and $1,451/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.72) without U.S. income documentation. Total projected return: $66,803.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.2% |
| Monthly Cash Flow | $100 | $200 |
City averages based on Viola market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,217 |
| Total Monthly Debt Service | $1,055 |
| 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 1964
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61486, Viola, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 676 (100%) |
| Owner Occupied HU | 516 (76.3%) |
| Renter Occupied HU | 90 (13.3%) |
| Vacant Housing Units | 70 (10.4%) |
| Median Home Value | $143,750 |
| Average Home Value | $184,753 |
Housing Distribution
Address Breakdown
Residential
438
Single Family
430
Multi-Family
8
Businesses
40
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 1964
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61486, Viola, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 676 (100%) |
| Owner Occupied HU | 516 (76.3%) |
| Renter Occupied HU | 90 (13.3%) |
| Vacant Housing Units | 70 (10.4%) |
| Median Home Value | $143,750 |
| Average Home Value | $184,753 |
Housing Distribution
Address Breakdown
Residential
438
Single Family
430
Multi-Family
8
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sharon Tahere • Ruhl&Ruhl REALTORS Bettendorf
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4259010
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.