301 N Maltby StWaynesvilleIL61778
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Waynesville rentals match the income profile of 301 N Maltby St, Waynesville, IL, 61778. Listed at $120,000, gross rent is $1,937/mo and net cash flow is $1,104/mo, a 19.37% yield well above national averages. DSCR 3.59 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $33,154 by year five with $1,105/yr in annual principal reduction, projecting $116,961 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 19.4% | 6.2% |
| Monthly Cash Flow | $1,104 | $350 |
City averages based on Waynesville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,937 |
| Total Monthly Debt Service | $785 |
| DSCR Ratio | 2.47x |
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 1913
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61778, Waynesville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 311 (100%) |
| Owner Occupied HU | 256 (82.3%) |
| Renter Occupied HU | 27 ( 8.7%) |
| Vacant Housing Units | 28 ( 9.0%) |
| Median Home Value | $173,214 |
| Average Home Value | $280,713 |
Housing Distribution
Address Breakdown
Residential
176
Single Family
176
Multi-Family
0
Businesses
11
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 1913
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61778, Waynesville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 311 (100%) |
| Owner Occupied HU | 256 (82.3%) |
| Renter Occupied HU | 27 ( 8.7%) |
| Vacant Housing Units | 28 ( 9.0%) |
| Median Home Value | $173,214 |
| Average Home Value | $280,713 |
Housing Distribution
Address Breakdown
Residential
176
Single Family
176
Multi-Family
0
Businesses
11
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices