204 W Main StWaltonvilleIL62894
INVESTMENT ANALYSIS
Investment Verdict
Solid Income204 W Main St, Waltonville, IL, 62894 in Waltonville earns a respectable 8.51% gross yield at $140,000, but after the $630/mo mortgage the net cash flow is $21/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.57) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $38,679 over five years, making equity the dominant return driver. Total projected return: $54,912.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.0% |
| Monthly Cash Flow | $21 | $250 |
City averages based on Waltonville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $992 |
| Total Monthly Debt Service | $915 |
| DSCR Ratio | 1.08x |
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 1994
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62894, Waltonville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 434 (100%) |
| Owner Occupied HU | 329 (75.8%) |
| Renter Occupied HU | 64 (14.7%) |
| Vacant Housing Units | 41 ( 9.4%) |
| Median Home Value | $154,808 |
| Average Home Value | $172,857 |
Housing Distribution
Address Breakdown
Residential
416
Single Family
416
Multi-Family
0
Businesses
17
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 1994
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62894, Waltonville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 434 (100%) |
| Owner Occupied HU | 329 (75.8%) |
| Renter Occupied HU | 64 (14.7%) |
| Vacant Housing Units | 41 ( 9.4%) |
| Median Home Value | $154,808 |
| Average Home Value | $172,857 |
Housing Distribution
Address Breakdown
Residential
416
Single Family
416
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hope Williams • Keller Williams Pinnacle - MTV
Mls Name: RMLS Alliance
Mls ID: #EB459678