309 Deerpath StTolonoIL61880
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 309 Deerpath St, Tolono, IL, 61880 in Tolono. Rental yield 3.05%. At $319,000 with 3.05% gross yield, current distributions are modest, but the 5% appreciation rate projects $88,134 in new equity by year five, complemented by $2,938/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.56) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $31,767.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.1% | 6.0% |
| Monthly Cash Flow | $(1,403) | $200 |
City averages based on Tolono market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $810 |
| Total Monthly Debt Service | $2,086 |
| DSCR Ratio | 0.39x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2005
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61880, Tolono, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,754 (100%) |
| Owner Occupied HU | 1,324 (75.5%) |
| Renter Occupied HU | 333 (19.0%) |
| Vacant Housing Units | 97 ( 5.5%) |
| Median Home Value | $232,615 |
| Average Home Value | $237,608 |
Housing Distribution
Address Breakdown
Residential
1,447
Single Family
1,447
Multi-Family
0
Businesses
59
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 2005
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61880, Tolono, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,754 (100%) |
| Owner Occupied HU | 1,324 (75.5%) |
| Renter Occupied HU | 333 (19.0%) |
| Vacant Housing Units | 97 ( 5.5%) |
| Median Home Value | $232,615 |
| Average Home Value | $237,608 |
Housing Distribution
Address Breakdown
Residential
1,447
Single Family
1,447
Multi-Family
0
Businesses
59
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
