401 W 9th StJohnston CityIL62951
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable and efficiently structured, 401 W 9th St, Johnston City, IL, 62951 in Johnston City is a conservative rental investment at $149,000. Rental yield 8.04%. A 1.49 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $41,166; $1,372/yr in principal paydown supplements. Total projected return: $54,712.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 8.0% |
| Monthly Cash Flow | $(35) | $150 |
City averages based on Johnston City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $998 |
| Total Monthly Debt Service | $974 |
| DSCR Ratio | 1.02x |
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.
Multi Family
Built in 1984
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62951, Johnston City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,422 (100%) |
| Owner Occupied HU | 1,604 (66.2%) |
| Renter Occupied HU | 504 (20.8%) |
| Vacant Housing Units | 314 (13.0%) |
| Median Home Value | $101,029 |
| Average Home Value | $154,119 |
Housing Distribution
Address Breakdown
Residential
2,267
Single Family
2,267
Multi-Family
0
Businesses
140
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
Multi Family
Built in 1984
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62951, Johnston City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,422 (100%) |
| Owner Occupied HU | 1,604 (66.2%) |
| Renter Occupied HU | 504 (20.8%) |
| Vacant Housing Units | 314 (13.0%) |
| Median Home Value | $101,029 |
| Average Home Value | $154,119 |
Housing Distribution
Address Breakdown
Residential
2,267
Single Family
2,267
Multi-Family
0
Businesses
140
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Teresa L Camarato • PROPERTY WITH TLC, LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB455732
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.