2701 County Road 1250 NHomerIL61849
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 2701 County Road 1250 N, Homer, IL, 61849 in Homer. Priced at $259,000, it generates $3,360/mo in gross rent and $1,564/mo in net monthly cash flow, a 15.57% yield that comfortably supports the 2.88 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $18,762. Five-year appreciation: $71,557. Equity from principal paydown: $2,385/yr. Total projected cumulative return: $199,685.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.6% | 8.0% |
| Monthly Cash Flow | $1,564 | $500 |
City averages based on Homer market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,360 |
| Total Monthly Debt Service | $1,693 |
| DSCR Ratio | 1.98x |
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 1892
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61849, Homer, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 805 (100%) |
| Owner Occupied HU | 643 (79.9%) |
| Renter Occupied HU | 104 (12.9%) |
| Vacant Housing Units | 58 ( 7.2%) |
| Median Home Value | $235,870 |
| Average Home Value | $254,393 |
Housing Distribution
Address Breakdown
Residential
749
Single Family
749
Multi-Family
0
Businesses
54
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 1892
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61849, Homer, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 805 (100%) |
| Owner Occupied HU | 643 (79.9%) |
| Renter Occupied HU | 104 (12.9%) |
| Vacant Housing Units | 58 ( 7.2%) |
| Median Home Value | $235,870 |
| Average Home Value | $254,393 |
Housing Distribution
Address Breakdown
Residential
749
Single Family
749
Multi-Family
0
Businesses
54
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices