211 4th AveMendotaIL61342
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 211 4th Ave, Mendota, IL, 61342 in Mendota. Rental yield 5.59%. At $130,000 with 5.59% gross yield, current distributions are modest, but the 5% appreciation rate projects $35,917 in new equity by year five, complemented by $1,197/yr in principal paydown. Ziffy Mortgage's DSCR loan (1.04) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $30,677.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.6% | 8.5% |
| Monthly Cash Flow | $(296) | $400 |
City averages based on Mendota market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $606 |
| Total Monthly Debt Service | $850 |
| DSCR Ratio | 0.71x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1957
6,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61342, Mendota, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,792 (100%) |
| Owner Occupied HU | 2,433 (64.2%) |
| Renter Occupied HU | 998 (26.3%) |
| Vacant Housing Units | 361 ( 9.5%) |
| Median Home Value | $155,860 |
| Average Home Value | $206,099 |
Housing Distribution
Address Breakdown
Residential
3,544
Single Family
3,292
Multi-Family
252
Businesses
320
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 1957
6,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61342, Mendota, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,792 (100%) |
| Owner Occupied HU | 2,433 (64.2%) |
| Renter Occupied HU | 998 (26.3%) |
| Vacant Housing Units | 361 ( 9.5%) |
| Median Home Value | $155,860 |
| Average Home Value | $206,099 |
Housing Distribution
Address Breakdown
Residential
3,544
Single Family
3,292
Multi-Family
252
Businesses
320
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices