209 E Farnham StSheffieldIL61361
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 209 E Farnham St, Sheffield, IL, 61361 in Sheffield is narrow, $97/mo net on $1,483/mo rent after the $899/mo debt service, but the property operates at break-even-plus, not a loss. At $199,900 with a 8.9% yield, the long-run equity case via 5% appreciation ($55,229 over five years) and $1,841/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.65 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $82,658.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 9.0% |
| Monthly Cash Flow | $97 | $1,200 |
City averages based on Sheffield market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,483 |
| Total Monthly Debt Service | $1,307 |
| DSCR Ratio | 1.13x |
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 N/A
9,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61361, Sheffield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 700 (100%) |
| Owner Occupied HU | 506 (72.3%) |
| Renter Occupied HU | 137 (19.6%) |
| Vacant Housing Units | 57 ( 8.1%) |
| Median Home Value | $128,000 |
| Average Home Value | $175,455 |
Housing Distribution
Address Breakdown
Residential
476
Single Family
476
Multi-Family
0
Businesses
62
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 N/A
9,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61361, Sheffield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 700 (100%) |
| Owner Occupied HU | 506 (72.3%) |
| Renter Occupied HU | 137 (19.6%) |
| Vacant Housing Units | 57 ( 8.1%) |
| Median Home Value | $128,000 |
| Average Home Value | $175,455 |
Housing Distribution
Address Breakdown
Residential
476
Single Family
476
Multi-Family
0
Businesses
62
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices