2651 E 2900 North RdAnconaIL61311
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 2651 E 2900 North Rd, Ancona, IL, 61311 in Ancona is a conservative rental investment at $234,900. Rental yield 6.31%. A 1.17 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $64,899; $2,163/yr in principal paydown supplements. Total projected return: $64,499.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.3% | 6.0% |
| Monthly Cash Flow | $(395) | $200 |
City averages based on Ancona market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,235 |
| Total Monthly Debt Service | $1,536 |
| DSCR Ratio | 0.80x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1959
2.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61311, Ancona, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 85 (100%) |
| Owner Occupied HU | 64 (75.3%) |
| Renter Occupied HU | 8 ( 9.4%) |
| Vacant Housing Units | 13 (15.3%) |
| Median Home Value | $207,143 |
| Average Home Value | $215,938 |
Housing Distribution
Address Breakdown
Residential
87
Single Family
87
Multi-Family
0
Businesses
1
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 1959
2.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61311, Ancona, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 85 (100%) |
| Owner Occupied HU | 64 (75.3%) |
| Renter Occupied HU | 8 ( 9.4%) |
| Vacant Housing Units | 13 (15.3%) |
| Median Home Value | $207,143 |
| Average Home Value | $215,938 |
Housing Distribution
Address Breakdown
Residential
87
Single Family
87
Multi-Family
0
Businesses
1
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices