201 Melrose AveSouth RoxanaIL62087
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 201 Melrose Ave, South Roxana, IL, 62087 in South Roxana: $1,081/mo in rent, $388/mo in net income, 12.97% gross yield, 2.40 DSCR, all at $100,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $27,628 in appreciation and $921/yr in principal paydown projects total cumulative return of $63,161.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13% | 7.0% |
| Monthly Cash Flow | $388 | $300 |
City averages based on South Roxana market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,081 |
| Total Monthly Debt Service | $654 |
| DSCR Ratio | 1.65x |
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.
Multi Family
Built in 1958
6,011 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62087, South Roxana, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 837 (100%) |
| Owner Occupied HU | 462 (55.2%) |
| Renter Occupied HU | 282 (33.7%) |
| Vacant Housing Units | 93 (11.1%) |
| Median Home Value | $107,377 |
| Average Home Value | $164,432 |
Housing Distribution
Address Breakdown
Residential
744
Single Family
744
Multi-Family
0
Businesses
56
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
Multi Family
Built in 1958
6,011 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62087, South Roxana, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 837 (100%) |
| Owner Occupied HU | 462 (55.2%) |
| Renter Occupied HU | 282 (33.7%) |
| Vacant Housing Units | 93 (11.1%) |
| Median Home Value | $107,377 |
| Average Home Value | $164,432 |
Housing Distribution
Address Breakdown
Residential
744
Single Family
744
Multi-Family
0
Businesses
56
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A