3210 Cottonwood RdEldoradoIL62930
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 3210 Cottonwood Rd, Eldorado, IL, 62930 in Eldorado delivers $1,644/mo in gross rent and $222/mo in net monthly income at a $148,260 entry. The 9.62% yield and 2.46 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $40,962 over five years and $1,365/yr in equity from loan paydown, total projected return is $91,009.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.0% |
| Monthly Cash Flow | $222 | $450 |
City averages based on Eldorado market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,644 |
| Total Monthly Debt Service | $1,058 |
| DSCR Ratio | 1.55x |
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.
Home Type Unknown
Built in 1999
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62930, Eldorado, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,847 (100%) |
| Owner Occupied HU | 1,760 (61.8%) |
| Renter Occupied HU | 592 (20.8%) |
| Vacant Housing Units | 495 (17.4%) |
| Median Home Value | $100,919 |
| Average Home Value | $141,723 |
Housing Distribution
Address Breakdown
Residential
2,525
Single Family
2,476
Multi-Family
49
Businesses
187
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
Home Type Unknown
Built in 1999
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62930, Eldorado, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,847 (100%) |
| Owner Occupied HU | 1,760 (61.8%) |
| Renter Occupied HU | 592 (20.8%) |
| Vacant Housing Units | 495 (17.4%) |
| Median Home Value | $100,919 |
| Average Home Value | $141,723 |
Housing Distribution
Address Breakdown
Residential
2,525
Single Family
2,476
Multi-Family
49
Businesses
187
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices