372 E Hillshire RdDecaturIL62521
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 372 E Hillshire Rd, Decatur, IL, 62521 in Decatur worth modelling. At $119,900 with a 9.28% gross yield, the $909/mo rent leaves $95/mo after the $539/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.69 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $33,126 by year five; $1,104/yr in principal reduction adds further equity. Total projected return: $50,892.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 8.0% |
| Monthly Cash Flow | $95 | $300 |
City averages based on Decatur market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $909 |
| Total Monthly Debt Service | $784 |
| DSCR Ratio | 1.16x |
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 1984
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62521, Decatur, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,648 (100%) |
| Owner Occupied HU | 10,782 (64.8%) |
| Renter Occupied HU | 3,964 (23.8%) |
| Vacant Housing Units | 1,902 (11.4%) |
| Median Home Value | $133,182 |
| Average Home Value | $178,889 |
Housing Distribution
Address Breakdown
Residential
15,410
Single Family
14,598
Multi-Family
812
Businesses
748
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 1984
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62521, Decatur, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,648 (100%) |
| Owner Occupied HU | 10,782 (64.8%) |
| Renter Occupied HU | 3,964 (23.8%) |
| Vacant Housing Units | 1,902 (11.4%) |
| Median Home Value | $133,182 |
| Average Home Value | $178,889 |
Housing Distribution
Address Breakdown
Residential
15,410
Single Family
14,598
Multi-Family
812
Businesses
748
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leisha Clements • Craggs REALTORS, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1036213
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.