2463 N State Route 178 #X3UticaIL61373
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 2463 N State Route 178 #X3, Utica, IL, 61373 in Utica deserves attention. This $165,000 property earns $3,084/mo in rent, a 22.43% gross yield, and nets $1,551/mo after the $742/mo payment. DSCR 4.16 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $45,586 compounds alongside $1,520/yr in yearly equity build, for a total cumulative return of $164,618.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 22.4% | 5.5% |
| Monthly Cash Flow | $1,551 | $1,500 |
City averages based on Utica market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,084 |
| Total Monthly Debt Service | $1,468 |
| DSCR Ratio | 2.10x |
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.
Townhouse
Built in 2004
900 sqft lot
$N/A/sqft
$389 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61373, Utica, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 859 (100%) |
| Owner Occupied HU | 645 (75.1%) |
| Renter Occupied HU | 130 (15.1%) |
| Vacant Housing Units | 84 ( 9.8%) |
| Median Home Value | $246,613 |
| Average Home Value | $313,609 |
Housing Distribution
Address Breakdown
Residential
664
Single Family
664
Multi-Family
0
Businesses
87
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
Townhouse
Built in 2004
900 sqft lot
$N/A/sqft
$389 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61373, Utica, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 859 (100%) |
| Owner Occupied HU | 645 (75.1%) |
| Renter Occupied HU | 130 (15.1%) |
| Vacant Housing Units | 84 ( 9.8%) |
| Median Home Value | $246,613 |
| Average Home Value | $313,609 |
Housing Distribution
Address Breakdown
Residential
664
Single Family
664
Multi-Family
0
Businesses
87
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices