18996 N Smysor RdSmithfieldIL61477
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 18996 N Smysor Rd, Smithfield, IL, 61477 in Smithfield. Rental yield 3.93%. At $989,000 with 3.93% gross yield, current distributions are modest, but the 5% appreciation rate projects $273,242 in new equity by year five, complemented by $9,109/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.73) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $145,170.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.9% | 6.0% |
| Monthly Cash Flow | $(3,622) | $1,200 |
City averages based on Smithfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,238 |
| Total Monthly Debt Service | $6,466 |
| DSCR Ratio | 0.50x |
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 2007
59.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61477, Smithfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 230 (100%) |
| Owner Occupied HU | 173 (75.2%) |
| Renter Occupied HU | 27 (11.7%) |
| Vacant Housing Units | 30 (13.0%) |
| Median Home Value | $171,250 |
| Average Home Value | $198,237 |
Housing Distribution
Address Breakdown
Residential
203
Single Family
203
Multi-Family
0
Businesses
10
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 2007
59.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61477, Smithfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 230 (100%) |
| Owner Occupied HU | 173 (75.2%) |
| Renter Occupied HU | 27 (11.7%) |
| Vacant Housing Units | 30 (13.0%) |
| Median Home Value | $171,250 |
| Average Home Value | $198,237 |
Housing Distribution
Address Breakdown
Residential
203
Single Family
203
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brad J Belser • Jim Maloof Realty, Inc.
Mls Name: RMLS Alliance
Mls ID: #PA1260243