219 E 1st StCedar PointIL61316
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 219 E 1st St, Cedar Point, IL, 61316 in Cedar Point is straightforward: $150,000 in, $1,514/mo in rent, $474/mo out after debt service. The 12.12% gross yield and 2.25 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $41,442 by year five. With $1,382/yr in principal equity, the total cumulative return is projected at $87,884.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.1% | 6.0% |
| Monthly Cash Flow | $474 | $300 |
City averages based on Cedar Point market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,514 |
| Total Monthly Debt Service | $981 |
| DSCR Ratio | 1.54x |
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 1908
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61316, Cedar Point, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 127 (100%) |
| Owner Occupied HU | 94 (74.0%) |
| Renter Occupied HU | 28 (22.0%) |
| Vacant Housing Units | 5 ( 3.9%) |
| Median Home Value | $203,750 |
| Average Home Value | $201,729 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
7
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 1908
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61316, Cedar Point, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 127 (100%) |
| Owner Occupied HU | 94 (74.0%) |
| Renter Occupied HU | 28 (22.0%) |
| Vacant Housing Units | 5 ( 3.9%) |
| Median Home Value | $203,750 |
| Average Home Value | $201,729 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
7
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angela Heckman • Local Realty Group
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls ID: #202504987