224 Main StKingstonIL60145
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 224 Main St, Kingston, IL, 60145 in Kingston worth modelling. At $114,900 with a 9.47% gross yield, the $907/mo rent leaves $110/mo after the $517/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.75 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $31,745 by year five; $1,058/yr in principal reduction adds further equity. Total projected return: $51,050.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.0% |
| Monthly Cash Flow | $110 | $150 |
City averages based on Kingston market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $907 |
| Total Monthly Debt Service | $751 |
| DSCR Ratio | 1.21x |
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 1913
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60145, Kingston, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 933 (100%) |
| Owner Occupied HU | 720 (77.2%) |
| Renter Occupied HU | 148 (15.9%) |
| Vacant Housing Units | 65 ( 7.0%) |
| Median Home Value | $273,913 |
| Average Home Value | $284,528 |
Housing Distribution
Address Breakdown
Residential
868
Single Family
868
Multi-Family
0
Businesses
41
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 1913
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60145, Kingston, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 933 (100%) |
| Owner Occupied HU | 720 (77.2%) |
| Renter Occupied HU | 148 (15.9%) |
| Vacant Housing Units | 65 ( 7.0%) |
| Median Home Value | $273,913 |
| Average Home Value | $284,528 |
Housing Distribution
Address Breakdown
Residential
868
Single Family
868
Multi-Family
0
Businesses
41
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices