397 McGrew DrAvonIL61415
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 397 McGrew Dr, Avon, IL, 61415 in Avon. Priced at $230,000, it generates $2,633/mo in gross rent and $982/mo in net monthly cash flow, a 13.74% yield that comfortably supports the 2.55 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $11,790. Five-year appreciation: $63,545. Equity from principal paydown: $2,118/yr. Total projected cumulative return: $151,474.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.7% | 5.5% |
| Monthly Cash Flow | $982 | $1,500 |
City averages based on Avon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,633 |
| Total Monthly Debt Service | $1,559 |
| DSCR Ratio | 1.69x |
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 2004
0.41 Acres lot
$N/A/sqft
$285 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61415, Avon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 866 (100%) |
| Owner Occupied HU | 625 (72.2%) |
| Renter Occupied HU | 132 (15.2%) |
| Vacant Housing Units | 109 (12.6%) |
| Median Home Value | $106,066 |
| Average Home Value | $155,344 |
Housing Distribution
Address Breakdown
Residential
594
Single Family
594
Multi-Family
0
Businesses
32
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 2004
0.41 Acres lot
$N/A/sqft
$285 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61415, Avon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 866 (100%) |
| Owner Occupied HU | 625 (72.2%) |
| Renter Occupied HU | 132 (15.2%) |
| Vacant Housing Units | 109 (12.6%) |
| Median Home Value | $106,066 |
| Average Home Value | $155,344 |
Housing Distribution
Address Breakdown
Residential
594
Single Family
594
Multi-Family
0
Businesses
32
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeff Wagoner • Jim Maloof Realty, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1254839
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.