231 McKinley StWordenIL62097
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow231 McKinley St, Worden, IL, 62097 in Worden earns its strong cash-flow label: 13.79% yield, $1,321/mo rent, $524/mo net income, DSCR 2.56. The $115,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $31,772 by year five. Combined with $1,059/yr in principal paydown, total projected return reaches $77,711.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.8% | 7.5% |
| Monthly Cash Flow | $524 | $300 |
City averages based on Worden market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,321 |
| Total Monthly Debt Service | $752 |
| DSCR Ratio | 1.76x |
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 1946
10,876 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62097, Worden, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,253 (100%) |
| Owner Occupied HU | 1,009 (80.5%) |
| Renter Occupied HU | 125 ( 10.0%) |
| Vacant Housing Units | 119 ( 9.5%) |
| Median Home Value | $331,061 |
| Average Home Value | $317,753 |
Housing Distribution
Address Breakdown
Residential
1,202
Single Family
1,202
Multi-Family
0
Businesses
57
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 1946
10,876 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62097, Worden, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,253 (100%) |
| Owner Occupied HU | 1,009 (80.5%) |
| Renter Occupied HU | 125 ( 10.0%) |
| Vacant Housing Units | 119 ( 9.5%) |
| Median Home Value | $331,061 |
| Average Home Value | $317,753 |
Housing Distribution
Address Breakdown
Residential
1,202
Single Family
1,202
Multi-Family
0
Businesses
57
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices