311 E Poplar StCobdenIL62920
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow311 E Poplar St, Cobden, IL, 62920 in Cobden is a solid income-producing rental, 13.24% gross yield, $1,324/mo rent, $491/mo net cash flow on a $120,000 buy. DSCR 2.45 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $33,154 and $1,105/yr in principal reduction project a total cumulative return of $77,493.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.2% | 8.0% |
| Monthly Cash Flow | $491 | $1,000 |
City averages based on Cobden market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,324 |
| Total Monthly Debt Service | $785 |
| DSCR Ratio | 1.69x |
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 1897
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62920, Cobden, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,333 (100%) |
| Owner Occupied HU | 1,017 (76.3%) |
| Renter Occupied HU | 178 (13.4%) |
| Vacant Housing Units | 138 (10.4%) |
| Median Home Value | $175,521 |
| Average Home Value | $251,944 |
Housing Distribution
Address Breakdown
Residential
1,102
Single Family
1,102
Multi-Family
0
Businesses
51
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 1897
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62920, Cobden, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,333 (100%) |
| Owner Occupied HU | 1,017 (76.3%) |
| Renter Occupied HU | 178 (13.4%) |
| Vacant Housing Units | 138 (10.4%) |
| Median Home Value | $175,521 |
| Average Home Value | $251,944 |
Housing Distribution
Address Breakdown
Residential
1,102
Single Family
1,102
Multi-Family
0
Businesses
51
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices