207 S Locust StWyanetIL61379
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 207 S Locust St, Wyanet, IL, 61379 in Wyanet. Priced at $124,800, it generates $1,661/mo in gross rent and $795/mo in net monthly cash flow, a 15.97% yield that comfortably supports the 2.96 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $9,542. Five-year appreciation: $34,480. Equity from principal paydown: $1,149/yr. Total projected cumulative return: $98,965.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16% | 6.0% |
| Monthly Cash Flow | $795 | $300 |
City averages based on Wyanet market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,661 |
| Total Monthly Debt Service | $816 |
| DSCR Ratio | 2.04x |
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 1876
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61379, Wyanet, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 548 (100%) |
| Owner Occupied HU | 403 (73.5%) |
| Renter Occupied HU | 104 (19.0%) |
| Vacant Housing Units | 41 ( 7.5%) |
| Median Home Value | $100,750 |
| Average Home Value | $154,435 |
Housing Distribution
Address Breakdown
Residential
343
Single Family
343
Multi-Family
0
Businesses
33
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 1876
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61379, Wyanet, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 548 (100%) |
| Owner Occupied HU | 403 (73.5%) |
| Renter Occupied HU | 104 (19.0%) |
| Vacant Housing Units | 41 ( 7.5%) |
| Median Home Value | $100,750 |
| Average Home Value | $154,435 |
Housing Distribution
Address Breakdown
Residential
343
Single Family
343
Multi-Family
0
Businesses
33
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices