206 W North StAssumptionIL62510
INVESTMENT ANALYSIS
Investment Verdict
Solid Income206 W North St, Assumption, IL, 62510 in Assumption earns a respectable 9.09% gross yield at $126,500, but after the $569/mo mortgage the net cash flow is $81/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.72) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $34,950 over five years, making equity the dominant return driver. Total projected return: $54,787.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.0% |
| Monthly Cash Flow | $81 | $300 |
City averages based on Assumption market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $977 |
| Total Monthly Debt Service | $827 |
| DSCR Ratio | 1.18x |
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 1965
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62510, Assumption, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 739 (100%) |
| Owner Occupied HU | 523 (70.8%) |
| Renter Occupied HU | 137 (18.5%) |
| Vacant Housing Units | 79 (10.7%) |
| Median Home Value | $87,404 |
| Average Home Value | $151,463 |
Housing Distribution
Address Breakdown
Residential
705
Single Family
688
Multi-Family
17
Businesses
69
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 1965
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62510, Assumption, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 739 (100%) |
| Owner Occupied HU | 523 (70.8%) |
| Renter Occupied HU | 137 (18.5%) |
| Vacant Housing Units | 79 (10.7%) |
| Median Home Value | $87,404 |
| Average Home Value | $151,463 |
Housing Distribution
Address Breakdown
Residential
705
Single Family
688
Multi-Family
17
Businesses
69
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Griffin Smock • Craggs REALTORS, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1036516
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.