379 S Cherry StBreeseIL62230
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 379 S Cherry St, Breese, IL, 62230 in Breese: $1,549/mo in rent, $231/mo in net income, 9.78% gross yield, 1.81 DSCR, all at $190,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $52,494 in appreciation and $1,750/yr in principal paydown projects total cumulative return of $87,603.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 7.2% |
| Monthly Cash Flow | $231 | $1,500 |
City averages based on Breese market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,549 |
| Total Monthly Debt Service | $1,242 |
| DSCR Ratio | 1.25x |
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 1991
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62230, Breese, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,757 (100%) |
| Owner Occupied HU | 2,137 (77.5%) |
| Renter Occupied HU | 495 (18.0%) |
| Vacant Housing Units | 125 ( 4.5%) |
| Median Home Value | $208,659 |
| Average Home Value | $234,516 |
Housing Distribution
Address Breakdown
Residential
2,817
Single Family
2,816
Multi-Family
1
Businesses
293
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 1991
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62230, Breese, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,757 (100%) |
| Owner Occupied HU | 2,137 (77.5%) |
| Renter Occupied HU | 495 (18.0%) |
| Vacant Housing Units | 125 ( 4.5%) |
| Median Home Value | $208,659 |
| Average Home Value | $234,516 |
Housing Distribution
Address Breakdown
Residential
2,817
Single Family
2,816
Multi-Family
1
Businesses
293
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices