3975 Hicks RdAlmaIL62807
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 3975 Hicks Rd, Alma, IL, 62807 in Alma at $149,900 earns $1,172/mo in rent and nets $132/mo after the $674/mo payment, a 9.38% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $41,415 over five years. Ziffy Mortgage underwrites this on a 1.74 DSCR without U.S. credit history. With $1,381/yr in principal paydown, total projected return reaches $65,831.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 8.0% |
| Monthly Cash Flow | $132 | $150 |
City averages based on Alma market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,172 |
| Total Monthly Debt Service | $980 |
| DSCR Ratio | 1.20x |
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
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62807, Alma, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 410 (100%) |
| Owner Occupied HU | 280 (68.3%) |
| Renter Occupied HU | 55 (13.4%) |
| Vacant Housing Units | 75 (18.3%) |
| Median Home Value | $197,826 |
| Average Home Value | $255,134 |
Housing Distribution
Address Breakdown
Residential
383
Single Family
383
Multi-Family
0
Businesses
10
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
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62807, Alma, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 410 (100%) |
| Owner Occupied HU | 280 (68.3%) |
| Renter Occupied HU | 55 (13.4%) |
| Vacant Housing Units | 75 (18.3%) |
| Median Home Value | $197,826 |
| Average Home Value | $255,134 |
Housing Distribution
Address Breakdown
Residential
383
Single Family
383
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kayla See • Whitetail Properties Real Esta
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1035906
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.