320 W North StPeotoneIL60468
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 320 W North St, Peotone, IL, 60468 in Peotone achieves a 1.50 ratio at $254,900: $1,718/mo rent versus $1,146/mo debt service. Rental yield 8.09%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 8.09% yield compounds alongside 5% annual appreciation projecting $70,424 in value. Total projected cumulative return: $94,287.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.0% |
| Monthly Cash Flow | $(50) | $300 |
City averages based on Peotone market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,718 |
| Total Monthly Debt Service | $1,667 |
| DSCR Ratio | 1.03x |
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
8,370 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60468, Peotone, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,470 (100%) |
| Owner Occupied HU | 1,819 (73.6%) |
| Renter Occupied HU | 531 (21.5%) |
| Vacant Housing Units | 120 ( 4.9%) |
| Median Home Value | $340,583 |
| Average Home Value | $401,215 |
Housing Distribution
Address Breakdown
Residential
2,162
Single Family
2,006
Multi-Family
156
Businesses
192
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
8,370 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60468, Peotone, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,470 (100%) |
| Owner Occupied HU | 1,819 (73.6%) |
| Renter Occupied HU | 531 (21.5%) |
| Vacant Housing Units | 120 ( 4.9%) |
| Median Home Value | $340,583 |
| Average Home Value | $401,215 |
Housing Distribution
Address Breakdown
Residential
2,162
Single Family
2,006
Multi-Family
156
Businesses
192
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices