310 N Scott StAlexisIL61412
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowNot flashy, but dependably profitable, 310 N Scott St, Alexis, IL, 61412 in Alexis is listed at $100,000 and delivers $1,121/mo in rent and $427/mo in net monthly cash flow. The 13.45% yield and 2.49 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $27,628 over five years, and $921/yr in principal reduction supplements cash return. Total projected cumulative return: $65,729.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.5% | 6.0% |
| Monthly Cash Flow | $427 | $150 |
City averages based on Alexis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,121 |
| Total Monthly Debt Service | $654 |
| DSCR Ratio | 1.71x |
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 N/A
10,824 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61412, Alexis, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 624 (100%) |
| Owner Occupied HU | 472 (75.6%) |
| Renter Occupied HU | 78 (12.5%) |
| Vacant Housing Units | 74 (11.9%) |
| Median Home Value | $102,632 |
| Average Home Value | $141,266 |
Housing Distribution
Address Breakdown
Residential
437
Single Family
426
Multi-Family
11
Businesses
38
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 N/A
10,824 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61412, Alexis, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 624 (100%) |
| Owner Occupied HU | 472 (75.6%) |
| Renter Occupied HU | 78 (12.5%) |
| Vacant Housing Units | 74 (11.9%) |
| Median Home Value | $102,632 |
| Average Home Value | $141,266 |
Housing Distribution
Address Breakdown
Residential
437
Single Family
426
Multi-Family
11
Businesses
38
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices