205 S Hossack StSenecaIL61360
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderFor first-time U.S. investors or those diversifying conservatively, 205 S Hossack St, Seneca, IL, 61360 in Seneca offers a clean, manageable entry. Rental yield 7.44%. DSCR 1.38 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $93,659 in additional property value over five years, with $3,122/yr in principal equity building ownership stake. Total projected cumulative return: $113,563.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 7.0% |
| Monthly Cash Flow | $(250) | $300 |
City averages based on Seneca market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,101 |
| Total Monthly Debt Service | $2,216 |
| DSCR Ratio | 0.95x |
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 2001
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61360, Seneca, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,394 (100%) |
| Owner Occupied HU | 1,046 (75.0%) |
| Renter Occupied HU | 222 (15.9%) |
| Vacant Housing Units | 126 ( 9.0%) |
| Median Home Value | $264,935 |
| Average Home Value | $277,878 |
Housing Distribution
Address Breakdown
Residential
1,009
Single Family
1,009
Multi-Family
0
Businesses
101
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 2001
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61360, Seneca, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,394 (100%) |
| Owner Occupied HU | 1,046 (75.0%) |
| Renter Occupied HU | 222 (15.9%) |
| Vacant Housing Units | 126 ( 9.0%) |
| Median Home Value | $264,935 |
| Average Home Value | $277,878 |
Housing Distribution
Address Breakdown
Residential
1,009
Single Family
1,009
Multi-Family
0
Businesses
101
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices