209 E Main StBiggsvilleIL61418
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis Biggsville rental at 209 E Main St, Biggsville, IL, 61418 sits in the solid-income band: 10.23% gross yield, $1,320/mo rent, $246/mo net after the $697/mo debt service, DSCR 1.89. Entry price of $154,900 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 $42,796 and $1,427/yr in principal reduction bring total cumulative return to $75,033.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 7.0% |
| Monthly Cash Flow | $246 | $500 |
City averages based on Biggsville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,320 |
| Total Monthly Debt Service | $1,013 |
| DSCR Ratio | 1.30x |
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 1910
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61418, Biggsville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 264 (100%) |
| Owner Occupied HU | 184 (69.7%) |
| Renter Occupied HU | 35 (13.3%) |
| Vacant Housing Units | 45 (17.0%) |
| Median Home Value | $183,333 |
| Average Home Value | $253,016 |
Housing Distribution
Address Breakdown
Residential
214
Single Family
214
Multi-Family
0
Businesses
31
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 1910
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61418, Biggsville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 264 (100%) |
| Owner Occupied HU | 184 (69.7%) |
| Renter Occupied HU | 35 (13.3%) |
| Vacant Housing Units | 45 (17.0%) |
| Median Home Value | $183,333 |
| Average Home Value | $253,016 |
Housing Distribution
Address Breakdown
Residential
214
Single Family
214
Multi-Family
0
Businesses
31
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Barbara Scott • HSHR, Inc.
Mls Name: RMLS Alliance
Mls ID: #CA1041277