17643 Fowler School RdPittsburgIL62974
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 17643 Fowler School Rd, Pittsburg, IL, 62974 in Pittsburg. Rental yield 2.66%. At $432,000 with 2.66% gross yield, current distributions are modest, but the 5% appreciation rate projects $119,354 in new equity by year five, complemented by $3,979/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.49) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $33,870.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.7% | 6.5% |
| Monthly Cash Flow | $(2,040) | $1,200 |
City averages based on Pittsburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $956 |
| Total Monthly Debt Service | $2,825 |
| DSCR Ratio | 0.34x |
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 2002
4.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62974, Pittsburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 551 (100%) |
| Owner Occupied HU | 440 (79.9%) |
| Renter Occupied HU | 49 ( 8.9%) |
| Vacant Housing Units | 62 (11.3%) |
| Median Home Value | $220,000 |
| Average Home Value | $233,699 |
Housing Distribution
Address Breakdown
Residential
527
Single Family
527
Multi-Family
0
Businesses
25
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 2002
4.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62974, Pittsburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 551 (100%) |
| Owner Occupied HU | 440 (79.9%) |
| Renter Occupied HU | 49 ( 8.9%) |
| Vacant Housing Units | 62 (11.3%) |
| Median Home Value | $220,000 |
| Average Home Value | $233,699 |
Housing Distribution
Address Breakdown
Residential
527
Single Family
527
Multi-Family
0
Businesses
25
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices