307 Kings AveEwingIL62836
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 307 Kings Ave, Ewing, IL, 62836 in Ewing is the 1.57 coverage ratio: rent of $1,584/mo versus a $1,012/mo debt payment on a $225,000 property. Rental yield 8.3%. 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 $62,163 by year five, with $2,072/yr in equity from paydown. Total projected cumulative return: $87,552.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.0% |
| Monthly Cash Flow | $(4) | $150 |
City averages based on Ewing market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,584 |
| Total Monthly Debt Service | $1,471 |
| DSCR Ratio | 1.08x |
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 1993
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62836, Ewing, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 279 (100%) |
| Owner Occupied HU | 200 (71.7%) |
| Renter Occupied HU | 46 (16.5%) |
| Vacant Housing Units | 33 (11.8%) |
| Median Home Value | $171,667 |
| Average Home Value | $201,700 |
Housing Distribution
Address Breakdown
Residential
267
Single Family
267
Multi-Family
0
Businesses
7
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 1993
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62836, Ewing, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 279 (100%) |
| Owner Occupied HU | 200 (71.7%) |
| Renter Occupied HU | 46 (16.5%) |
| Vacant Housing Units | 33 (11.8%) |
| Median Home Value | $171,667 |
| Average Home Value | $201,700 |
Housing Distribution
Address Breakdown
Residential
267
Single Family
267
Multi-Family
0
Businesses
7
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ROBIN S. GELFIUS • RE/MAX Realty Central
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB456928
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.