309 N Holmes StCambridgeIL61238
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 309 N Holmes St, Cambridge, IL, 61238 in Cambridge. Priced at $247,000, it generates $3,730/mo in gross rent and $2,016/mo in net monthly cash flow, a 18.12% yield that comfortably supports the 3.36 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $24,196. Five-year appreciation: $68,242. Equity from principal paydown: $2,275/yr. Total projected cumulative return: $224,244.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18.1% | 7.0% |
| Monthly Cash Flow | $2,016 | $300 |
City averages based on Cambridge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,730 |
| Total Monthly Debt Service | $1,615 |
| DSCR Ratio | 2.31x |
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 2008
0.30 Acres lot
$N/A/sqft
No HOA
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 2008
0.30 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices