23841 295th AveBarryIL62312
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 23841 295th Ave, Barry, IL, 62312 in Barry speaks for itself: 18% gross on a $110,000 price, generating $1,650/mo in rent and $837/mo in net income after the $495/mo debt service. DSCR 3.33, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,045 stacks alongside $30,391 in projected five-year appreciation and $1,013/yr in principal reduction. Projected total cumulative return: $96,157.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18% | 7.0% |
| Monthly Cash Flow | $837 | $210 |
City averages based on Barry market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,650 |
| Total Monthly Debt Service | $769 |
| DSCR Ratio | 2.15x |
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 1850
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62312, Barry, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 984 (100%) |
| Owner Occupied HU | 669 (68.0%) |
| Renter Occupied HU | 175 (17.8%) |
| Vacant Housing Units | 140 (14.2%) |
| Median Home Value | $123,933 |
| Average Home Value | $170,732 |
Housing Distribution
Address Breakdown
Residential
816
Single Family
816
Multi-Family
0
Businesses
65
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 1850
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62312, Barry, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 984 (100%) |
| Owner Occupied HU | 669 (68.0%) |
| Renter Occupied HU | 175 (17.8%) |
| Vacant Housing Units | 140 (14.2%) |
| Median Home Value | $123,933 |
| Average Home Value | $170,732 |
Housing Distribution
Address Breakdown
Residential
816
Single Family
816
Multi-Family
0
Businesses
65
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices