222 S 4th StCowdenIL62422
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 222 S 4th St, Cowden, IL, 62422 in Cowden speaks for itself: 20.49% gross on a $129,606 price, generating $2,213/mo in rent and $1,290/mo in net income after the $583/mo debt service. DSCR 3.80, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $15,477 stacks alongside $35,808 in projected five-year appreciation and $1,194/yr in principal reduction. Projected total cumulative return: $132,703.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 20.5% | 6.0% |
| Monthly Cash Flow | $1,290 | $300 |
City averages based on Cowden market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,213 |
| Total Monthly Debt Service | $871 |
| DSCR Ratio | 2.54x |
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 1973
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62422, Cowden, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 600 (100%) |
| Owner Occupied HU | 443 (73.8%) |
| Renter Occupied HU | 111 (18.5%) |
| Vacant Housing Units | 46 ( 7.7%) |
| Median Home Value | $174,764 |
| Average Home Value | $199,453 |
Housing Distribution
Address Breakdown
Residential
345
Single Family
345
Multi-Family
0
Businesses
20
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 1973
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62422, Cowden, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 600 (100%) |
| Owner Occupied HU | 443 (73.8%) |
| Renter Occupied HU | 111 (18.5%) |
| Vacant Housing Units | 46 ( 7.7%) |
| Median Home Value | $174,764 |
| Average Home Value | $199,453 |
Housing Distribution
Address Breakdown
Residential
345
Single Family
345
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices