312 W 5th StMinonkIL61760
INVESTMENT ANALYSIS
Investment Verdict
Solid Income312 W 5th St, Minonk, IL, 61760 in Minonk earns a respectable 9.36% gross yield at $168,500, but after the $799/mo mortgage the net cash flow is $145/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.64) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $46,553 over five years, making equity the dominant return driver. Total projected return: $70,612.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.5% |
| Monthly Cash Flow | $145 | $200 |
City averages based on Minonk market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,314 |
| Total Monthly Debt Service | $1,143 |
| DSCR Ratio | 1.15x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1935
8,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61760, Minonk, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,076 (100%) |
| Owner Occupied HU | 781 (72.6%) |
| Renter Occupied HU | 233 (21.7%) |
| Vacant Housing Units | 62 ( 5.8%) |
| Median Home Value | $135,021 |
| Average Home Value | $166,575 |
Housing Distribution
Address Breakdown
Residential
1,019
Single Family
996
Multi-Family
23
Businesses
79
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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
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