270 Eldondale DrHeckerIL62248
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow270 Eldondale Dr, Hecker, IL, 62248 in Hecker is a top-tier cash-flow asset. At $245,000 it produces $2,254/mo in rent and $554/mo in net monthly income, a 11.04% gross rental yield. The DSCR of 2.05 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $6,651. Five-year appreciation adds $67,689, driving a total cumulative return of $129,388.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 5.0% |
| Monthly Cash Flow | $554 | $150 |
City averages based on Hecker market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,254 |
| Total Monthly Debt Service | $1,602 |
| DSCR Ratio | 1.41x |
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 1987
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62248, Hecker, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 180 (100%) |
| Owner Occupied HU | 149 (82.8%) |
| Renter Occupied HU | 18 ( 10.0%) |
| Vacant Housing Units | 13 ( 7.2%) |
| Median Home Value | $243,056 |
| Average Home Value | $249,698 |
Housing Distribution
Address Breakdown
Residential
2
Single Family
2
Multi-Family
0
Businesses
17
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 1987
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62248, Hecker, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 180 (100%) |
| Owner Occupied HU | 149 (82.8%) |
| Renter Occupied HU | 18 ( 10.0%) |
| Vacant Housing Units | 13 ( 7.2%) |
| Median Home Value | $243,056 |
| Average Home Value | $249,698 |
Housing Distribution
Address Breakdown
Residential
2
Single Family
2
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices