14458 Binkley RdJohnston CityIL62951
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 14458 Binkley Rd, Johnston City, IL, 62951 in Johnston City. At $420,000 it earns $3,203/mo in rent and distributes $290/mo to the owner after the $1,889/mo payment, a consistent 9.15% yield. DSCR 1.70 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $116,038 in value; $3,868/yr in principal paydown compounds ownership stake. Total projected return: $179,269.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 8.0% |
| Monthly Cash Flow | $290 | $150 |
City averages based on Johnston City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,203 |
| Total Monthly Debt Service | $2,746 |
| DSCR Ratio | 1.17x |
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.
Single Family
Built in 2015
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62951, Johnston City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,422 (100%) |
| Owner Occupied HU | 1,604 (66.2%) |
| Renter Occupied HU | 504 (20.8%) |
| Vacant Housing Units | 314 (13.0%) |
| Median Home Value | $101,029 |
| Average Home Value | $154,119 |
Housing Distribution
Address Breakdown
Residential
2,267
Single Family
2,267
Multi-Family
0
Businesses
140
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 2015
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62951, Johnston City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,422 (100%) |
| Owner Occupied HU | 1,604 (66.2%) |
| Renter Occupied HU | 504 (20.8%) |
| Vacant Housing Units | 314 (13.0%) |
| Median Home Value | $101,029 |
| Average Home Value | $154,119 |
Housing Distribution
Address Breakdown
Residential
2,267
Single Family
2,267
Multi-Family
0
Businesses
140
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erika Lopez • House 2 Home Realty Marion
Mls Name: RMLS Alliance
Mls ID: #QC4266597