1613 Hardy StEldoradoIL62930
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 1613 Hardy St, Eldorado, IL, 62930 in Eldorado fits: $369,000, 3.2% gross yield, and a projected 5% annual appreciation rate adding $101,948 in value within five years. Rental yield 3.2%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.59) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $3,399/yr in principal paydown and $101,948 in appreciation project a total return of $39,702.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.2% | 6.0% |
| Monthly Cash Flow | $(1,577) | $450 |
City averages based on Eldorado market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $983 |
| Total Monthly Debt Service | $2,413 |
| DSCR Ratio | 0.41x |
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 1960
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62930, Eldorado, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,847 (100%) |
| Owner Occupied HU | 1,760 (61.8%) |
| Renter Occupied HU | 592 (20.8%) |
| Vacant Housing Units | 495 (17.4%) |
| Median Home Value | $100,919 |
| Average Home Value | $141,723 |
Housing Distribution
Address Breakdown
Residential
2,525
Single Family
2,476
Multi-Family
49
Businesses
187
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 1960
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62930, Eldorado, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,847 (100%) |
| Owner Occupied HU | 1,760 (61.8%) |
| Renter Occupied HU | 592 (20.8%) |
| Vacant Housing Units | 495 (17.4%) |
| Median Home Value | $100,919 |
| Average Home Value | $141,723 |
Housing Distribution
Address Breakdown
Residential
2,525
Single Family
2,476
Multi-Family
49
Businesses
187
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ayn M Bartok • All In One Real Estate Company
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB455998
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.