370 W Carter StFairviewIL61432
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 370 W Carter St, Fairview, IL, 61432 in Fairview is capital appreciation. Rental yield 0%. The 0% gross yield at $199,900 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $55,229 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.00) without U.S. credit history; structure with a larger down payment to optimise coverage.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.0% |
| Monthly Cash Flow | $0 | $300 |
City averages based on Fairview market data in our database. Property projections are estimates.
Single Family
Built in N/A
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61432, Fairview, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 273 (100%) |
| Owner Occupied HU | 210 (76.9%) |
| Renter Occupied HU | 43 (15.8%) |
| Vacant Housing Units | 20 ( 7.3%) |
| Median Home Value | $165,278 |
| Average Home Value | $177,893 |
Housing Distribution
Address Breakdown
Residential
123
Single Family
123
Multi-Family
0
Businesses
28
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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: 61432, Fairview, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 273 (100%) |
| Owner Occupied HU | 210 (76.9%) |
| Renter Occupied HU | 43 (15.8%) |
| Vacant Housing Units | 20 ( 7.3%) |
| Median Home Value | $165,278 |
| Average Home Value | $177,893 |
Housing Distribution
Address Breakdown
Residential
123
Single Family
123
Multi-Family
0
Businesses
28
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Adam J Merrick • Adam Merrick Real Estate
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1257359
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