211 N Knox StAbingdonIL61410
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 4.97% gross rental yield, 211 N Knox St, Abingdon, IL, 61410 in Abingdon is priced for capital growth, not immediate cash flow. The $145,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $40,061 by year five, with $1,335/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.92) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $29,350.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5% | 7.2% |
| Monthly Cash Flow | $(406) | $600 |
City averages based on Abingdon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $600 |
| Total Monthly Debt Service | $948 |
| DSCR Ratio | 0.63x |
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 1966
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61410, Abingdon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,673 (100%) |
| Owner Occupied HU | 1,132 (67.7%) |
| Renter Occupied HU | 340 (20.3%) |
| Vacant Housing Units | 201 (12.0%) |
| Median Home Value | $92,523 |
| Average Home Value | $108,865 |
Housing Distribution
Address Breakdown
Residential
1,540
Single Family
1,490
Multi-Family
50
Businesses
81
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 1966
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61410, Abingdon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,673 (100%) |
| Owner Occupied HU | 1,132 (67.7%) |
| Renter Occupied HU | 340 (20.3%) |
| Vacant Housing Units | 201 (12.0%) |
| Median Home Value | $92,523 |
| Average Home Value | $108,865 |
Housing Distribution
Address Breakdown
Residential
1,540
Single Family
1,490
Multi-Family
50
Businesses
81
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ashley Link • Ruhl & Ruhl, REALTORS
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6327006
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