337 Elm LnPetersburgIL62675
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSteady, low-maintenance, and fundable: 337 Elm Ln, Petersburg, IL, 62675 in Petersburg at $499,900. Rental yield 7.44%. The 7.44% yield and 1.38 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $138,113 by year five, and $4,604/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $163,950.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 6.5% |
| Monthly Cash Flow | $(427) | $500 |
City averages based on Petersburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,098 |
| Total Monthly Debt Service | $3,327 |
| DSCR Ratio | 0.93x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2007
0.26 Acres lot
$N/A/sqft
$700 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62675, Petersburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,857 (100%) |
| Owner Occupied HU | 2,017 (70.6%) |
| Renter Occupied HU | 529 (18.5%) |
| Vacant Housing Units | 311 (10.9%) |
| Median Home Value | $201,480 |
| Average Home Value | $254,399 |
Housing Distribution
Address Breakdown
Residential
2,692
Single Family
2,597
Multi-Family
95
Businesses
197
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 2007
0.26 Acres lot
$N/A/sqft
$700 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62675, Petersburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,857 (100%) |
| Owner Occupied HU | 2,017 (70.6%) |
| Renter Occupied HU | 529 (18.5%) |
| Vacant Housing Units | 311 (10.9%) |
| Median Home Value | $201,480 |
| Average Home Value | $254,399 |
Housing Distribution
Address Breakdown
Residential
2,692
Single Family
2,597
Multi-Family
95
Businesses
197
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kim Wenda • RE/MAX Professionals
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1032701
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.