22870 E 1800th StPrairie CityIL61470
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play22870 E 1800th St, Prairie City, IL, 61470 in Prairie City is priced for appreciation, not yield. Rental yield 3.16%. At $320,000 with a 3.16% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $88,410 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.59) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $33,740.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.2% | 6.5% |
| Monthly Cash Flow | $(1,377) | $300 |
City averages based on Prairie City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $842 |
| Total Monthly Debt Service | $2,092 |
| DSCR Ratio | 0.40x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Home Type Unknown
Built in 1977
3.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61470, Prairie City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 212 (100%) |
| Owner Occupied HU | 172 (81.1%) |
| Renter Occupied HU | 28 (13.2%) |
| Vacant Housing Units | 12 ( 5.7%) |
| Median Home Value | $101,220 |
| Average Home Value | $131,642 |
Housing Distribution
Address Breakdown
Residential
140
Single Family
140
Multi-Family
0
Businesses
9
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
Home Type Unknown
Built in 1977
3.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61470, Prairie City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 212 (100%) |
| Owner Occupied HU | 172 (81.1%) |
| Renter Occupied HU | 28 (13.2%) |
| Vacant Housing Units | 12 ( 5.7%) |
| Median Home Value | $101,220 |
| Average Home Value | $131,642 |
Housing Distribution
Address Breakdown
Residential
140
Single Family
140
Multi-Family
0
Businesses
9
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A