285 Legner StLelandIL60531
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 285 Legner St, Leland, IL, 60531 in Leland is straightforward: $259,000 in, $2,174/mo in rent, $378/mo out after debt service. The 10.07% gross yield and 1.77 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $71,557 by year five. With $2,171/yr in principal equity, the total cumulative return is projected at $118,504.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 8.0% |
| Monthly Cash Flow | $378 | $500 |
City averages based on Leland 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 | $2,174 |
| Total Monthly Debt Service | $1,757 |
| DSCR Ratio | 1.24x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1995
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60531, Leland, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 779 (100%) |
| Owner Occupied HU | 597 (76.6%) |
| Renter Occupied HU | 133 (17.1%) |
| Vacant Housing Units | 49 ( 6.3%) |
| Median Home Value | $262,885 |
| Average Home Value | $279,958 |
Housing Distribution
Address Breakdown
Residential
560
Single Family
560
Multi-Family
0
Businesses
41
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
