303 E Snyder StDavisIL61019
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 303 E Snyder St, Davis, IL, 61019 in Davis at $190,000 earns $1,375/mo in rent and nets $57/mo after the $854/mo payment, a 8.69% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $52,494 over five years. Ziffy Mortgage underwrites this on a 1.61 DSCR without U.S. credit history. With $1,750/yr in principal paydown, total projected return reaches $76,407.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.0% |
| Monthly Cash Flow | $57 | $300 |
City averages based on Davis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,375 |
| Total Monthly Debt Service | $1,242 |
| DSCR Ratio | 1.11x |
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 1884
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61019, Davis, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,933 (100%) |
| Owner Occupied HU | 1,355 (70.1%) |
| Renter Occupied HU | 144 ( 7.4%) |
| Vacant Housing Units | 434 (22.5%) |
| Median Home Value | $239,952 |
| Average Home Value | $262,063 |
Housing Distribution
Address Breakdown
Residential
1,625
Single Family
1,625
Multi-Family
0
Businesses
34
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 1884
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61019, Davis, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,933 (100%) |
| Owner Occupied HU | 1,355 (70.1%) |
| Renter Occupied HU | 144 ( 7.4%) |
| Vacant Housing Units | 434 (22.5%) |
| Median Home Value | $239,952 |
| Average Home Value | $262,063 |
Housing Distribution
Address Breakdown
Residential
1,625
Single Family
1,625
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices