308 Linden StDwightIL60420
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 308 Linden St, Dwight, IL, 60420 in Dwight. At $217,900 it earns $1,740/mo in rent and distributes $229/mo to the owner after the $980/mo payment, a consistent 9.58% yield. DSCR 1.78 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $60,202 in value; $2,007/yr in principal paydown compounds ownership stake. Total projected return: $98,085.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.0% |
| Monthly Cash Flow | $229 | $150 |
City averages based on Dwight market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,740 |
| Total Monthly Debt Service | $1,425 |
| DSCR Ratio | 1.22x |
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 1968
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60420, Dwight, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,182 (100%) |
| Owner Occupied HU | 1,402 (64.3%) |
| Renter Occupied HU | 562 (25.8%) |
| Vacant Housing Units | 218 ( 10.0%) |
| Median Home Value | $163,291 |
| Average Home Value | $187,978 |
Housing Distribution
Address Breakdown
Residential
2,090
Single Family
1,926
Multi-Family
164
Businesses
168
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 1968
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60420, Dwight, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,182 (100%) |
| Owner Occupied HU | 1,402 (64.3%) |
| Renter Occupied HU | 562 (25.8%) |
| Vacant Housing Units | 218 ( 10.0%) |
| Median Home Value | $163,291 |
| Average Home Value | $187,978 |
Housing Distribution
Address Breakdown
Residential
2,090
Single Family
1,926
Multi-Family
164
Businesses
168
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices