205 Cherry StHullIL62343
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis Hull rental at 205 Cherry St, Hull, IL, 62343 sits in the solid-income band: 12.17% gross yield, $1,490/mo rent, $471/mo net after the $661/mo debt service, DSCR 2.25. Entry price of $147,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $40,613 and $1,354/yr in principal reduction bring total cumulative return to $86,491.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.2% | 8.0% |
| Monthly Cash Flow | $471 | $1,200 |
City averages based on Hull market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,490 |
| Total Monthly Debt Service | $961 |
| DSCR Ratio | 1.55x |
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 1967
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62343, Hull, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 305 (100%) |
| Owner Occupied HU | 216 (70.8%) |
| Renter Occupied HU | 44 (14.4%) |
| Vacant Housing Units | 45 (14.8%) |
| Median Home Value | $103,846 |
| Average Home Value | $148,113 |
Housing Distribution
Address Breakdown
Residential
225
Single Family
225
Multi-Family
0
Businesses
16
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 1967
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62343, Hull, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 305 (100%) |
| Owner Occupied HU | 216 (70.8%) |
| Renter Occupied HU | 44 (14.4%) |
| Vacant Housing Units | 45 (14.8%) |
| Median Home Value | $103,846 |
| Average Home Value | $148,113 |
Housing Distribution
Address Breakdown
Residential
225
Single Family
225
Multi-Family
0
Businesses
16
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joe Mays • Mays LLC REALTORS
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1037985
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-22 23:28:03 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#564)