13174 Harrold Point RdWapellaIL61777
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 13174 Harrold Point Rd, Wapella, IL, 61777 in Wapella fits: $224,900, 4.99% gross yield, and a projected 5% annual appreciation rate adding $62,136 in value within five years. Rental yield 4.99%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.92) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $2,071/yr in principal paydown and $62,136 in appreciation project a total return of $45,831.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5% | 8.0% |
| Monthly Cash Flow | $(625) | $350 |
City averages based on Wapella market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $935 |
| Total Monthly Debt Service | $1,470 |
| DSCR Ratio | 0.64x |
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 1933
10.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61777, Wapella, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 431 (100%) |
| Owner Occupied HU | 336 (78.0%) |
| Renter Occupied HU | 58 (13.5%) |
| Vacant Housing Units | 37 ( 8.6%) |
| Median Home Value | $281,915 |
| Average Home Value | $318,095 |
Housing Distribution
Address Breakdown
Residential
244
Single Family
244
Multi-Family
0
Businesses
24
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 1933
10.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61777, Wapella, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 431 (100%) |
| Owner Occupied HU | 336 (78.0%) |
| Renter Occupied HU | 58 (13.5%) |
| Vacant Housing Units | 37 ( 8.6%) |
| Median Home Value | $281,915 |
| Average Home Value | $318,095 |
Housing Distribution
Address Breakdown
Residential
244
Single Family
244
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices