306 N 7th StDahlgrenIL62828
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 306 N 7th St, Dahlgren, IL, 62828 in Dahlgren hard to pass up. The 13.5% gross yield on a $137,500 purchase results in $1,547/mo in rent and $593/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.50). Annual cash flow of $7,117, five-year appreciation of $37,989, and $1,266/yr in equity build-up combine for a projected total cumulative return of $90,811.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.5% | 7.0% |
| Monthly Cash Flow | $593 | $300 |
City averages based on Dahlgren market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,547 |
| Total Monthly Debt Service | $899 |
| DSCR Ratio | 1.72x |
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 1958
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62828, Dahlgren, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 609 (100%) |
| Owner Occupied HU | 463 (76.0%) |
| Renter Occupied HU | 75 (12.3%) |
| Vacant Housing Units | 71 (11.7%) |
| Median Home Value | $147,454 |
| Average Home Value | $249,665 |
Housing Distribution
Address Breakdown
Residential
486
Single Family
474
Multi-Family
12
Businesses
28
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 1958
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62828, Dahlgren, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 609 (100%) |
| Owner Occupied HU | 463 (76.0%) |
| Renter Occupied HU | 75 (12.3%) |
| Vacant Housing Units | 71 (11.7%) |
| Median Home Value | $147,454 |
| Average Home Value | $249,665 |
Housing Distribution
Address Breakdown
Residential
486
Single Family
474
Multi-Family
12
Businesses
28
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hope Williams • Keller Williams Pinnacle - MTV
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB457786
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.