340 S Walnut StHullIL62343
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 340 S Walnut St, Hull, IL, 62343 in Hull earns a 11.99% gross yield at $129,900. Rent of $1,298/mo nets $397/mo after the $584/mo mortgage. The 2.22 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $35,889 and $1,196/yr in equity accumulation project a total cumulative return of $75,224.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 8.0% |
| Monthly Cash Flow | $397 | $1,200 |
City averages based on Hull market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,298 |
| Total Monthly Debt Service | $849 |
| DSCR Ratio | 1.53x |
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
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62343, Hull, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 305 (100%) |
| Owner Occupied HU | 216 (70.8%) |
| Renter Occupied HU | 44 (14.4%) |
| Vacant Housing Units | 45 (14.8%) |
| Median Home Value | $103,846 |
| Average Home Value | $148,113 |
Housing Distribution
Address Breakdown
Residential
225
Single Family
225
Multi-Family
0
Businesses
16
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
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62343, Hull, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 305 (100%) |
| Owner Occupied HU | 216 (70.8%) |
| Renter Occupied HU | 44 (14.4%) |
| Vacant Housing Units | 45 (14.8%) |
| Median Home Value | $103,846 |
| Average Home Value | $148,113 |
Housing Distribution
Address Breakdown
Residential
225
Single Family
225
Multi-Family
0
Businesses
16
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Sullivan • Happel, Inc., REALTORS
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1033684
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.