401 S 6th StCornellIL61319
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 401 S 6th St, Cornell, IL, 61319 in Cornell. Rental yield 0%. At $165,000 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $45,586 in new equity by year five, complemented by $1,520/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.0% |
| Monthly Cash Flow | $0 | $1,500 |
City averages based on Cornell market data in our database. Property projections are estimates.
Single Family
Built in 1890
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61319, Cornell, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 527 (100%) |
| Owner Occupied HU | 378 (71.7%) |
| Renter Occupied HU | 75 (14.2%) |
| Vacant Housing Units | 74 (14.0%) |
| Median Home Value | $158,824 |
| Average Home Value | $179,034 |
Housing Distribution
Address Breakdown
Residential
447
Single Family
447
Multi-Family
0
Businesses
20
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 1890
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61319, Cornell, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 527 (100%) |
| Owner Occupied HU | 378 (71.7%) |
| Renter Occupied HU | 75 (14.2%) |
| Vacant Housing Units | 74 (14.0%) |
| Median Home Value | $158,824 |
| Average Home Value | $179,034 |
Housing Distribution
Address Breakdown
Residential
447
Single Family
447
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices