360 E Cherry StHoyletonIL62803
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 360 E Cherry St, Hoyleton, IL, 62803 in Hoyleton earns a 11.79% gross yield at $117,000. Rent of $1,150/mo nets $338/mo after the $526/mo mortgage. The 2.19 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $32,325 and $1,078/yr in equity accumulation project a total cumulative return of $66,584.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 8.0% |
| Monthly Cash Flow | $338 | $300 |
City averages based on Hoyleton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,150 |
| Total Monthly Debt Service | $765 |
| DSCR Ratio | 1.50x |
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 1931
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62803, Hoyleton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 401 (100%) |
| Owner Occupied HU | 321 (80.0%) |
| Renter Occupied HU | 56 (14.0%) |
| Vacant Housing Units | 24 ( 6.0%) |
| Median Home Value | $178,750 |
| Average Home Value | $305,919 |
Housing Distribution
Address Breakdown
Residential
360
Single Family
360
Multi-Family
0
Businesses
23
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 1931
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62803, Hoyleton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 401 (100%) |
| Owner Occupied HU | 321 (80.0%) |
| Renter Occupied HU | 56 (14.0%) |
| Vacant Housing Units | 24 ( 6.0%) |
| Median Home Value | $178,750 |
| Average Home Value | $305,919 |
Housing Distribution
Address Breakdown
Residential
360
Single Family
360
Multi-Family
0
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices