21055 State Highway 14MacedoniaIL62860
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 21055 State Highway 14, Macedonia, IL, 62860 in Macedonia. Priced at $355,000, it generates $3,692/mo in gross rent and $1,230/mo in net monthly cash flow, a 12.48% yield that comfortably supports the 2.31 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $14,761. Five-year appreciation: $98,080. Equity from principal paydown: $3,270/yr. Total projected cumulative return: $214,949.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.5% | 8.0% |
| Monthly Cash Flow | $1,230 | $250 |
City averages based on Macedonia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,692 |
| Total Monthly Debt Service | $2,321 |
| DSCR Ratio | 1.59x |
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 2001
4.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62860, Macedonia, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 487 (100%) |
| Owner Occupied HU | 353 (72.5%) |
| Renter Occupied HU | 52 (10.7%) |
| Vacant Housing Units | 82 (16.8%) |
| Median Home Value | $204,825 |
| Average Home Value | $208,300 |
Housing Distribution
Address Breakdown
Residential
262
Single Family
262
Multi-Family
0
Businesses
11
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
4.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62860, Macedonia, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 487 (100%) |
| Owner Occupied HU | 353 (72.5%) |
| Renter Occupied HU | 52 (10.7%) |
| Vacant Housing Units | 82 (16.8%) |
| Median Home Value | $204,825 |
| Average Home Value | $208,300 |
Housing Distribution
Address Breakdown
Residential
262
Single Family
262
Multi-Family
0
Businesses
11
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices