201 Cedar LnMinonkIL61760
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 201 Cedar Ln, Minonk, IL, 61760 in Minonk offers a clean, manageable entry. Rental yield 6.35%. DSCR 1.18 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $68,656 in additional property value over five years, with $2,289/yr in principal equity building ownership stake. Total projected cumulative return: $68,725.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.4% | 6.5% |
| Monthly Cash Flow | $(410) | $200 |
City averages based on Minonk market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,314 |
| Total Monthly Debt Service | $1,625 |
| DSCR Ratio | 0.81x |
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
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61760, Minonk, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,076 (100%) |
| Owner Occupied HU | 781 (72.6%) |
| Renter Occupied HU | 233 (21.7%) |
| Vacant Housing Units | 62 ( 5.8%) |
| Median Home Value | $135,021 |
| Average Home Value | $166,575 |
Housing Distribution
Address Breakdown
Residential
1,019
Single Family
996
Multi-Family
23
Businesses
79
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
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61760, Minonk, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,076 (100%) |
| Owner Occupied HU | 781 (72.6%) |
| Renter Occupied HU | 233 (21.7%) |
| Vacant Housing Units | 62 ( 5.8%) |
| Median Home Value | $135,021 |
| Average Home Value | $166,575 |
Housing Distribution
Address Breakdown
Residential
1,019
Single Family
996
Multi-Family
23
Businesses
79
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices