22 Smith RdNashvilleIL62263
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowNot flashy, but dependably profitable, 22 Smith Rd, Nashville, IL, 62263 in Nashville is listed at $269,900 and delivers $2,290/mo in rent and $418/mo in net monthly cash flow. The 10.18% yield and 1.89 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $74,568 over five years, and $2,486/yr in principal reduction supplements cash return. Total projected cumulative return: $130,088.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 7.2% |
| Monthly Cash Flow | $418 | $300 |
City averages based on Nashville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,290 |
| Total Monthly Debt Service | $1,765 |
| 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 2002
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62263, Nashville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,329 (100%) |
| Owner Occupied HU | 1,607 (69.0%) |
| Renter Occupied HU | 478 (20.5%) |
| Vacant Housing Units | 244 (10.5%) |
| Median Home Value | $171,900 |
| Average Home Value | $228,787 |
Housing Distribution
Address Breakdown
Residential
2,220
Single Family
2,187
Multi-Family
33
Businesses
327
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 2002
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62263, Nashville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,329 (100%) |
| Owner Occupied HU | 1,607 (69.0%) |
| Renter Occupied HU | 478 (20.5%) |
| Vacant Housing Units | 244 (10.5%) |
| Median Home Value | $171,900 |
| Average Home Value | $228,787 |
Housing Distribution
Address Breakdown
Residential
2,220
Single Family
2,187
Multi-Family
33
Businesses
327
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: BETH A MILLER-PORTER • SHAMROCK REAL ESTATE
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB459121
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.