302 N Main StRoyaltonIL62983
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 302 N Main St, Royalton, IL, 62983 in Royalton is the 1.53 coverage ratio: rent of $866/mo versus a $567/mo debt payment on a $126,000 property. Rental yield 8.25%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $34,811 by year five, with $1,160/yr in equity from paydown. Total projected cumulative return: $47,663.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 8.0% |
| Monthly Cash Flow | $(8) | $300 |
City averages based on Royalton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $866 |
| Total Monthly Debt Service | $824 |
| DSCR Ratio | 1.05x |
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 1944
0.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62983, Royalton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 798 (100%) |
| Owner Occupied HU | 568 (71.2%) |
| Renter Occupied HU | 162 (20.3%) |
| Vacant Housing Units | 68 ( 8.5%) |
| Median Home Value | $88,750 |
| Average Home Value | $129,586 |
Housing Distribution
Address Breakdown
Residential
641
Single Family
641
Multi-Family
0
Businesses
14
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 1944
0.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62983, Royalton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 798 (100%) |
| Owner Occupied HU | 568 (71.2%) |
| Renter Occupied HU | 162 (20.3%) |
| Vacant Housing Units | 68 ( 8.5%) |
| Median Home Value | $88,750 |
| Average Home Value | $129,586 |
Housing Distribution
Address Breakdown
Residential
641
Single Family
641
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices