32-650 Co. Rd 32 & 650 NWarsawIL62379
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 32-650 Co. Rd 32 & 650 N, Warsaw, IL, 62379 in Warsaw: $1,337/mo in rent, $435/mo in net income, 12.34% gross yield, 2.29 DSCR, all at $130,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $35,917 in appreciation and $1,197/yr in principal paydown projects total cumulative return of $77,717.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.3% | 7.0% |
| Monthly Cash Flow | $435 | $200 |
City averages based on Warsaw market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,337 |
| Total Monthly Debt Service | $850 |
| DSCR Ratio | 1.57x |
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.
Lot
Built in N/A
22.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62379, Warsaw, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,007 (100%) |
| Owner Occupied HU | 731 (72.6%) |
| Renter Occupied HU | 114 (11.3%) |
| Vacant Housing Units | 162 (16.1%) |
| Median Home Value | $116,906 |
| Average Home Value | $162,657 |
Housing Distribution
Address Breakdown
Residential
893
Single Family
885
Multi-Family
8
Businesses
61
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
Lot
Built in N/A
22.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62379, Warsaw, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,007 (100%) |
| Owner Occupied HU | 731 (72.6%) |
| Renter Occupied HU | 114 (11.3%) |
| Vacant Housing Units | 162 (16.1%) |
| Median Home Value | $116,906 |
| Average Home Value | $162,657 |
Housing Distribution
Address Breakdown
Residential
893
Single Family
885
Multi-Family
8
Businesses
61
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices