153 Perene AveByronIL61010
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 153 Perene Ave, Byron, IL, 61010 in Byron speaks for itself: 11.43% gross on a $251,000 price, generating $2,392/mo in rent and $651/mo in net income after the $1,129/mo debt service. DSCR 2.12, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,807 stacks alongside $69,347 in projected five-year appreciation and $2,312/yr in principal reduction. Projected total cumulative return: $137,886.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 6.2% |
| Monthly Cash Flow | $651 | $250 |
City averages based on Byron market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,392 |
| Total Monthly Debt Service | $1,641 |
| DSCR Ratio | 1.46x |
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 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61010, Byron, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,074 (100%) |
| Owner Occupied HU | 2,309 (75.1%) |
| Renter Occupied HU | 558 (18.2%) |
| Vacant Housing Units | 207 ( 6.7%) |
| Median Home Value | $235,309 |
| Average Home Value | $274,097 |
Housing Distribution
Address Breakdown
Residential
2,900
Single Family
2,900
Multi-Family
0
Businesses
173
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 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61010, Byron, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,074 (100%) |
| Owner Occupied HU | 2,309 (75.1%) |
| Renter Occupied HU | 558 (18.2%) |
| Vacant Housing Units | 207 ( 6.7%) |
| Median Home Value | $235,309 |
| Average Home Value | $274,097 |
Housing Distribution
Address Breakdown
Residential
2,900
Single Family
2,900
Multi-Family
0
Businesses
173
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices