1214 Park StMcHenryIL60050
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1214 Park St, McHenry, IL, 60050 in McHenry speaks for itself: 18.07% gross on a $250,000 price, generating $3,764/mo in rent and $1,933/mo in net income after the $1,124/mo debt service. DSCR 3.35, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $23,194 stacks alongside $69,070 in projected five-year appreciation and $2,303/yr in principal reduction. Projected total cumulative return: $220,441.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18.1% | 6.0% |
| Monthly Cash Flow | $1,933 | $500 |
City averages based on McHenry market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,764 |
| Total Monthly Debt Service | $1,732 |
| DSCR Ratio | 2.17x |
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.
Multi Family
Built in 1900
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60050, Mchenry, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,660 (100%) |
| Owner Occupied HU | 9,861 (72.2%) |
| Renter Occupied HU | 3,161 (23.1%) |
| Vacant Housing Units | 638 ( 4.7%) |
| Median Home Value | $291,195 |
| Average Home Value | $308,084 |
Housing Distribution
Address Breakdown
Residential
13,357
Single Family
12,305
Multi-Family
1,052
Businesses
840
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
Multi Family
Built in 1900
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60050, Mchenry, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,660 (100%) |
| Owner Occupied HU | 9,861 (72.2%) |
| Renter Occupied HU | 3,161 (23.1%) |
| Vacant Housing Units | 638 ( 4.7%) |
| Median Home Value | $291,195 |
| Average Home Value | $308,084 |
Housing Distribution
Address Breakdown
Residential
13,357
Single Family
12,305
Multi-Family
1,052
Businesses
840
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices