3 Waikiki CtWordenIL62097
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 3 Waikiki Ct, Worden, IL, 62097 in Worden at $475,000. Rental yield 6.71%. The 6.71% yield and 1.24 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $131,234 by year five, and $4,375/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $136,514.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 7.5% |
| Monthly Cash Flow | $(707) | $300 |
City averages based on Worden market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,656 |
| Total Monthly Debt Service | $3,173 |
| DSCR Ratio | 0.84x |
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 1981
1.32 Acres lot
$N/A/sqft
$810 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62097, Worden, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,253 (100%) |
| Owner Occupied HU | 1,009 (80.5%) |
| Renter Occupied HU | 125 ( 10.0%) |
| Vacant Housing Units | 119 ( 9.5%) |
| Median Home Value | $331,061 |
| Average Home Value | $317,753 |
Housing Distribution
Address Breakdown
Residential
1,202
Single Family
1,202
Multi-Family
0
Businesses
57
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 1981
1.32 Acres lot
$N/A/sqft
$810 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62097, Worden, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,253 (100%) |
| Owner Occupied HU | 1,009 (80.5%) |
| Renter Occupied HU | 125 ( 10.0%) |
| Vacant Housing Units | 119 ( 9.5%) |
| Median Home Value | $331,061 |
| Average Home Value | $317,753 |
Housing Distribution
Address Breakdown
Residential
1,202
Single Family
1,202
Multi-Family
0
Businesses
57
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices