27288 State Highway 16AshmoreIL61912
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Ashmore rentals match the income profile of 27288 State Highway 16, Ashmore, IL, 61912. Listed at $182,000, gross rent is $2,274/mo and net cash flow is $1,012/mo, a 14.99% yield well above national averages. DSCR 2.78 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $50,283 by year five with $1,676/yr in annual principal reduction, projecting $134,752 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15% | 6.0% |
| Monthly Cash Flow | $1,012 | $250 |
City averages based on Ashmore market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,274 |
| Total Monthly Debt Service | $1,190 |
| DSCR Ratio | 1.91x |
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 1857
1.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61912, Ashmore, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 574 (100%) |
| Owner Occupied HU | 431 (75.1%) |
| Renter Occupied HU | 72 (12.5%) |
| Vacant Housing Units | 71 (12.4%) |
| Median Home Value | $113,663 |
| Average Home Value | $170,725 |
Housing Distribution
Address Breakdown
Residential
450
Single Family
450
Multi-Family
0
Businesses
27
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 1857
1.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61912, Ashmore, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 574 (100%) |
| Owner Occupied HU | 431 (75.1%) |
| Renter Occupied HU | 72 (12.5%) |
| Vacant Housing Units | 71 (12.4%) |
| Median Home Value | $113,663 |
| Average Home Value | $170,725 |
Housing Distribution
Address Breakdown
Residential
450
Single Family
450
Multi-Family
0
Businesses
27
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
