202 Smith StWestvilleIL61883
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow202 Smith St, Westville, IL, 61883 in Westville is a solid income-producing rental, 10.45% gross yield, $1,219/mo rent, $248/mo net cash flow on a $140,000 buy. DSCR 1.93 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $38,679 and $1,289/yr in principal reduction project a total cumulative return of $69,528.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 8.0% |
| Monthly Cash Flow | $248 | $1,200 |
City averages based on Westville 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 | $1,219 |
| Total Monthly Debt Service | $915 |
| DSCR Ratio | 1.33x |
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.
Single Family
Built in 1950
7,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61883, Westville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,969 (100%) |
| Owner Occupied HU | 1,341 (68.1%) |
| Renter Occupied HU | 416 (21.1%) |
| Vacant Housing Units | 212 (10.8%) |
| Median Home Value | $108,101 |
| Average Home Value | $134,299 |
Housing Distribution
Address Breakdown
Residential
1,859
Single Family
1,811
Multi-Family
48
Businesses
88
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 1950
7,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61883, Westville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,969 (100%) |
| Owner Occupied HU | 1,341 (68.1%) |
| Renter Occupied HU | 416 (21.1%) |
| Vacant Housing Units | 212 (10.8%) |
| Median Home Value | $108,101 |
| Average Home Value | $134,299 |
Housing Distribution
Address Breakdown
Residential
1,859
Single Family
1,811
Multi-Family
48
Businesses
88
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices