303 S Prairie AvePoloIL61064
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Polo rental at 303 S Prairie Ave, Polo, IL, 61064 sits in the solid-income band: 9.32% gross yield, $2,059/mo rent, $221/mo net after the $1,192/mo debt service, DSCR 1.73. Entry price of $265,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $73,215 and $2,441/yr in principal reduction bring total cumulative return to $115,543.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 7.0% |
| Monthly Cash Flow | $221 | $150 |
City averages based on Polo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,059 |
| Total Monthly Debt Service | $1,733 |
| DSCR Ratio | 1.19x |
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 1900
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61064, Polo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,676 (100%) |
| Owner Occupied HU | 1,109 (66.2%) |
| Renter Occupied HU | 378 (22.6%) |
| Vacant Housing Units | 189 (11.3%) |
| Median Home Value | $157,083 |
| Average Home Value | $193,632 |
Housing Distribution
Address Breakdown
Residential
1,585
Single Family
1,551
Multi-Family
34
Businesses
113
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 1900
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61064, Polo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,676 (100%) |
| Owner Occupied HU | 1,109 (66.2%) |
| Renter Occupied HU | 378 (22.6%) |
| Vacant Housing Units | 189 (11.3%) |
| Median Home Value | $157,083 |
| Average Home Value | $193,632 |
Housing Distribution
Address Breakdown
Residential
1,585
Single Family
1,551
Multi-Family
34
Businesses
113
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices