15529 W Willow Creek RdElmwoodIL61529
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 15529 W Willow Creek Rd, Elmwood, IL, 61529 in Elmwood at $450,000 earns $3,287/mo in rent and nets $149/mo after the $2,023/mo payment, a 8.77% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $124,327 over five years. Ziffy Mortgage underwrites this on a 1.62 DSCR without U.S. credit history. With $4,145/yr in principal paydown, total projected return reaches $181,800.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.0% |
| Monthly Cash Flow | $149 | $300 |
City averages based on Elmwood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,287 |
| Total Monthly Debt Service | $2,959 |
| DSCR Ratio | 1.11x |
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 1997
5.08 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61529, Elmwood, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,231 (100%) |
| Owner Occupied HU | 936 (76.0%) |
| Renter Occupied HU | 180 (14.6%) |
| Vacant Housing Units | 115 ( 9.3%) |
| Median Home Value | $200,773 |
| Average Home Value | $225,238 |
Housing Distribution
Address Breakdown
Residential
916
Single Family
916
Multi-Family
0
Businesses
68
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 1997
5.08 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61529, Elmwood, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,231 (100%) |
| Owner Occupied HU | 936 (76.0%) |
| Renter Occupied HU | 180 (14.6%) |
| Vacant Housing Units | 115 ( 9.3%) |
| Median Home Value | $200,773 |
| Average Home Value | $225,238 |
Housing Distribution
Address Breakdown
Residential
916
Single Family
916
Multi-Family
0
Businesses
68
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Troy Kerrn • Keller Williams Premier Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1256291
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.