1524 Gates DrRantoulIL61866
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow1524 Gates Dr, Rantoul, IL, 61866 in Rantoul earns its strong cash-flow label: 16.99% yield, $1,979/mo rent, $915/mo net income, DSCR 3.15. The $139,800 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $38,624 by year five. Combined with $1,288/yr in principal paydown, total projected return reaches $112,771.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17% | 7.0% |
| Monthly Cash Flow | $915 | $1,500 |
City averages based on Rantoul market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,979 |
| Total Monthly Debt Service | $1,008 |
| DSCR Ratio | 1.96x |
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 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61866, Rantoul, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,195 (100%) |
| Owner Occupied HU | 3,003 (48.5%) |
| Renter Occupied HU | 2,516 (40.6%) |
| Vacant Housing Units | 676 (10.9%) |
| Median Home Value | $130,914 |
| Average Home Value | $163,816 |
Housing Distribution
Address Breakdown
Residential
5,881
Single Family
5,499
Multi-Family
382
Businesses
424
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 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61866, Rantoul, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,195 (100%) |
| Owner Occupied HU | 3,003 (48.5%) |
| Renter Occupied HU | 2,516 (40.6%) |
| Vacant Housing Units | 676 (10.9%) |
| Median Home Value | $130,914 |
| Average Home Value | $163,816 |
Housing Distribution
Address Breakdown
Residential
5,881
Single Family
5,499
Multi-Family
382
Businesses
424
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices