236 Gallinipper RdHardinIL62047
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 236 Gallinipper Rd, Hardin, IL, 62047 in Hardin worth modelling. At $129,000 with a 9.1% gross yield, the $978/mo rent leaves $83/mo after the $580/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.69 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $35,640 by year five; $1,188/yr in principal reduction adds further equity. Total projected return: $54,708.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.0% |
| Monthly Cash Flow | $83 | $700 |
City averages based on Hardin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $978 |
| Total Monthly Debt Service | $843 |
| DSCR Ratio | 1.16x |
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 1981
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62047, Hardin, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 455 (100%) |
| Owner Occupied HU | 313 (68.8%) |
| Renter Occupied HU | 74 (16.3%) |
| Vacant Housing Units | 68 (14.9%) |
| Median Home Value | $172,917 |
| Average Home Value | $219,888 |
Housing Distribution
Address Breakdown
Residential
377
Single Family
358
Multi-Family
19
Businesses
69
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 1981
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62047, Hardin, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 455 (100%) |
| Owner Occupied HU | 313 (68.8%) |
| Renter Occupied HU | 74 (16.3%) |
| Vacant Housing Units | 68 (14.9%) |
| Median Home Value | $172,917 |
| Average Home Value | $219,888 |
Housing Distribution
Address Breakdown
Residential
377
Single Family
358
Multi-Family
19
Businesses
69
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices