204 E Williams StAtkinsonIL61235
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Atkinson rentals match the income profile of 204 E Williams St, Atkinson, IL, 61235. Listed at $136,000, gross rent is $1,462/mo and net cash flow is $518/mo, a 12.9% yield well above national averages. DSCR 2.39 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $37,574 by year five with $1,253/yr in annual principal reduction, projecting $85,399 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.9% | 5.5% |
| Monthly Cash Flow | $518 | $300 |
City averages based on Atkinson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,462 |
| Total Monthly Debt Service | $889 |
| DSCR Ratio | 1.64x |
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 1920
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61235, Atkinson, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 639 (100%) |
| Owner Occupied HU | 475 (74.3%) |
| Renter Occupied HU | 120 (18.8%) |
| Vacant Housing Units | 44 ( 6.9%) |
| Median Home Value | $141,314 |
| Average Home Value | $185,558 |
Housing Distribution
Address Breakdown
Residential
426
Single Family
402
Multi-Family
24
Businesses
41
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 1920
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61235, Atkinson, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 639 (100%) |
| Owner Occupied HU | 475 (74.3%) |
| Renter Occupied HU | 120 (18.8%) |
| Vacant Housing Units | 44 ( 6.9%) |
| Median Home Value | $141,314 |
| Average Home Value | $185,558 |
Housing Distribution
Address Breakdown
Residential
426
Single Family
402
Multi-Family
24
Businesses
41
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices