302 N Chicago StSidellIL61876
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 302 N Chicago St, Sidell, IL, 61876 in Sidell. Priced at $120,000, it generates $1,435/mo in gross rent and $565/mo in net monthly cash flow, a 14.35% yield that comfortably supports the 2.66 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,776. Five-year appreciation: $33,154. Equity from principal paydown: $1,105/yr. Total projected cumulative return: $82,365.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.4% | 7.0% |
| Monthly Cash Flow | $565 | $300 |
City averages based on Sidell market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,435 |
| Total Monthly Debt Service | $823 |
| DSCR Ratio | 1.74x |
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 1912
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61876, Sidell, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 277 (100%) |
| Owner Occupied HU | 206 (74.4%) |
| Renter Occupied HU | 32 (11.6%) |
| Vacant Housing Units | 39 (14.1%) |
| Median Home Value | $85,000 |
| Average Home Value | $111,056 |
Housing Distribution
Address Breakdown
Residential
163
Single Family
163
Multi-Family
0
Businesses
17
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 1912
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61876, Sidell, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 277 (100%) |
| Owner Occupied HU | 206 (74.4%) |
| Renter Occupied HU | 32 (11.6%) |
| Vacant Housing Units | 39 (14.1%) |
| Median Home Value | $85,000 |
| Average Home Value | $111,056 |
Housing Distribution
Address Breakdown
Residential
163
Single Family
163
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
