3116 State Highway 17New WindsorIL61465
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.51 makes 3116 State Highway 17, New Windsor, IL, 61465 in New Windsor one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 8.17%. The 8.17% yield, 5% annual appreciation ($107,750 over five years), and $3,592/yr in principal reduction project a total cumulative return of $145,922.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.0% |
| Monthly Cash Flow | $(50) | $1,500 |
City averages based on New Windsor market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,655 |
| Total Monthly Debt Service | $2,550 |
| DSCR Ratio | 1.04x |
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 1890
11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61465, New Windsor, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 531 (100%) |
| Owner Occupied HU | 399 (75.1%) |
| Renter Occupied HU | 76 (14.3%) |
| Vacant Housing Units | 56 (10.5%) |
| Median Home Value | $136,012 |
| Average Home Value | $182,036 |
Housing Distribution
Address Breakdown
Residential
282
Single Family
282
Multi-Family
0
Businesses
31
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 1890
11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61465, New Windsor, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 531 (100%) |
| Owner Occupied HU | 399 (75.1%) |
| Renter Occupied HU | 76 (14.3%) |
| Vacant Housing Units | 56 (10.5%) |
| Median Home Value | $136,012 |
| Average Home Value | $182,036 |
Housing Distribution
Address Breakdown
Residential
282
Single Family
282
Multi-Family
0
Businesses
31
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Misael Chacon • Beycome brokerage realty, LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4257179
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.