305 W 3rd StStreatorIL61364
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow305 W 3rd St, Streator, IL, 61364 in Streator is a solid income-producing rental, 12% gross yield, $1,440/mo rent, $441/mo net cash flow on a $144,000 buy. DSCR 2.22 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $39,785 and $1,326/yr in principal reduction project a total cumulative return of $83,430.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 8.0% |
| Monthly Cash Flow | $441 | $300 |
City averages based on Streator market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,440 |
| Total Monthly Debt Service | $942 |
| DSCR Ratio | 1.53x |
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 1942
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61364, Streator, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,905 (100%) |
| Owner Occupied HU | 5,931 (66.6%) |
| Renter Occupied HU | 2,031 (22.8%) |
| Vacant Housing Units | 943 (10.6%) |
| Median Home Value | $118,682 |
| Average Home Value | $177,449 |
Housing Distribution
Address Breakdown
Residential
8,128
Single Family
7,456
Multi-Family
672
Businesses
490
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 1942
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61364, Streator, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,905 (100%) |
| Owner Occupied HU | 5,931 (66.6%) |
| Renter Occupied HU | 2,031 (22.8%) |
| Vacant Housing Units | 943 (10.6%) |
| Median Home Value | $118,682 |
| Average Home Value | $177,449 |
Housing Distribution
Address Breakdown
Residential
8,128
Single Family
7,456
Multi-Family
672
Businesses
490
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices