2241 N 200 East RdMc LeanIL61754
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 2241 N 200 East Rd, Mc Lean, IL, 61754 in Mc Lean. Priced at $425,000, it generates $3,774/mo in gross rent and $826/mo in net monthly cash flow, a 10.66% yield that comfortably supports the 1.97 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $9,914. Five-year appreciation: $117,420. Equity from principal paydown: $3,914/yr. Total projected cumulative return: $215,735.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 6.0% |
| Monthly Cash Flow | $826 | $250 |
City averages based on Mc Lean market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,774 |
| Total Monthly Debt Service | $2,779 |
| DSCR Ratio | 1.36x |
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 1869
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61754, Mc Lean, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 523 (100%) |
| Owner Occupied HU | 410 (78.4%) |
| Renter Occupied HU | 73 (14.0%) |
| Vacant Housing Units | 40 ( 7.6%) |
| Median Home Value | $196,341 |
| Average Home Value | $217,476 |
Housing Distribution
Address Breakdown
Residential
323
Single Family
323
Multi-Family
0
Businesses
40
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 1869
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61754, Mc Lean, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 523 (100%) |
| Owner Occupied HU | 410 (78.4%) |
| Renter Occupied HU | 73 (14.0%) |
| Vacant Housing Units | 40 ( 7.6%) |
| Median Home Value | $196,341 |
| Average Home Value | $217,476 |
Housing Distribution
Address Breakdown
Residential
323
Single Family
323
Multi-Family
0
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices