300 4th StSaint DavidIL61563
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Saint David rentals match the income profile of 300 4th St, Saint David, IL, 61563. Listed at $159,900, gross rent is $2,224/mo and net cash flow is $1,115/mo, a 16.69% yield well above national averages. DSCR 3.09 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $44,177 by year five with $1,473/yr in annual principal reduction, projecting $132,919 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16.7% | 6.0% |
| Monthly Cash Flow | $1,115 | $1,200 |
City averages based on Saint David market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,224 |
| Total Monthly Debt Service | $1,045 |
| DSCR Ratio | 2.13x |
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 1952
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61563, Saint David, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 246 (100%) |
| Owner Occupied HU | 179 (72.8%) |
| Renter Occupied HU | 27 (11.0%) |
| Vacant Housing Units | 40 (16.3%) |
| Median Home Value | $120,625 |
| Average Home Value | $138,352 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
7
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 1952
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61563, Saint David, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 246 (100%) |
| Owner Occupied HU | 179 (72.8%) |
| Renter Occupied HU | 27 (11.0%) |
| Vacant Housing Units | 40 (16.3%) |
| Median Home Value | $120,625 |
| Average Home Value | $138,352 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
7
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices