224 Anne StIlliopolisIL62539
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 224 Anne St, Illiopolis, IL, 62539 in Illiopolis at $108,000 earns $828/mo in rent and nets $79/mo after the $486/mo payment, a 9.2% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $29,838 over five years. Ziffy Mortgage underwrites this on a 1.70 DSCR without U.S. credit history. With $995/yr in principal paydown, total projected return reaches $46,384.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 5.3% |
| Monthly Cash Flow | $79 | $150 |
City averages based on Illiopolis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $828 |
| Total Monthly Debt Service | $706 |
| DSCR Ratio | 1.17x |
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 2000
8,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62539, Illiopolis, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 539 (100%) |
| Owner Occupied HU | 395 (73.3%) |
| Renter Occupied HU | 86 (16.0%) |
| Vacant Housing Units | 58 (10.8%) |
| Median Home Value | $145,500 |
| Average Home Value | $180,051 |
Housing Distribution
Address Breakdown
Residential
415
Single Family
415
Multi-Family
0
Businesses
31
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 2000
8,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62539, Illiopolis, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 539 (100%) |
| Owner Occupied HU | 395 (73.3%) |
| Renter Occupied HU | 86 (16.0%) |
| Vacant Housing Units | 58 (10.8%) |
| Median Home Value | $145,500 |
| Average Home Value | $180,051 |
Housing Distribution
Address Breakdown
Residential
415
Single Family
415
Multi-Family
0
Businesses
31
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa M Grady • The Real Estate Group, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1033631
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.