2317 Harrison StQuincyIL62301
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 2317 Harrison St, Quincy, IL, 62301 in Quincy deserves attention. This $152,000 property earns $1,895/mo in rent, a 14.96% gross yield, and nets $841/mo after the $683/mo payment. DSCR 2.77 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $41,995 compounds alongside $1,400/yr in yearly equity build, for a total cumulative return of $112,277.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15% | 6.5% |
| Monthly Cash Flow | $841 | $300 |
City averages based on Quincy market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,895 |
| Total Monthly Debt Service | $994 |
| DSCR Ratio | 1.91x |
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 N/A
7,316 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62301, Quincy, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,397 (100%) |
| Owner Occupied HU | 8,347 (54.2%) |
| Renter Occupied HU | 5,101 (33.1%) |
| Vacant Housing Units | 1,949 (12.7%) |
| Median Home Value | $140,293 |
| Average Home Value | $168,944 |
Housing Distribution
Address Breakdown
Residential
14,221
Single Family
13,255
Multi-Family
966
Businesses
1,299
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 N/A
7,316 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62301, Quincy, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,397 (100%) |
| Owner Occupied HU | 8,347 (54.2%) |
| Renter Occupied HU | 5,101 (33.1%) |
| Vacant Housing Units | 1,949 (12.7%) |
| Median Home Value | $140,293 |
| Average Home Value | $168,944 |
Housing Distribution
Address Breakdown
Residential
14,221
Single Family
13,255
Multi-Family
966
Businesses
1,299
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kevin Carder • Happel, Inc., REALTORS
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1036886
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.