202 N Walnut StSheffieldIL61361
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder202 N Walnut St, Sheffield, IL, 61361 in Sheffield is a stable, well-positioned rental at $205,000. Rental yield 7.27%. DSCR 1.35 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $56,638 in value and $1,888/yr in principal paydown builds equity, a total projected return of $66,825.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 9.0% |
| Monthly Cash Flow | $(180) | $1,200 |
City averages based on Sheffield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,242 |
| Total Monthly Debt Service | $1,340 |
| DSCR Ratio | 0.93x |
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 1897
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61361, Sheffield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 700 (100%) |
| Owner Occupied HU | 506 (72.3%) |
| Renter Occupied HU | 137 (19.6%) |
| Vacant Housing Units | 57 ( 8.1%) |
| Median Home Value | $128,000 |
| Average Home Value | $175,455 |
Housing Distribution
Address Breakdown
Residential
476
Single Family
476
Multi-Family
0
Businesses
62
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 1897
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61361, Sheffield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 700 (100%) |
| Owner Occupied HU | 506 (72.3%) |
| Renter Occupied HU | 137 (19.6%) |
| Vacant Housing Units | 57 ( 8.1%) |
| Median Home Value | $128,000 |
| Average Home Value | $175,455 |
Housing Distribution
Address Breakdown
Residential
476
Single Family
476
Multi-Family
0
Businesses
62
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices