404 E Charles StAshkumIL60911
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 404 E Charles St, Ashkum, IL, 60911 in Ashkum. Rental yield 2.57%. At $348,000 with 2.57% gross yield, current distributions are modest, but the 5% appreciation rate projects $96,146 in new equity by year five, complemented by $3,205/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.48) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $19,954.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.6% | 6.0% |
| Monthly Cash Flow | $(1,764) | $300 |
City averages based on Ashkum market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $744 |
| Total Monthly Debt Service | $2,370 |
| DSCR Ratio | 0.31x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2001
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60911, Ashkum, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 608 (100%) |
| Owner Occupied HU | 463 (76.2%) |
| Renter Occupied HU | 93 (15.3%) |
| Vacant Housing Units | 52 ( 8.6%) |
| Median Home Value | $165,858 |
| Average Home Value | $196,506 |
Housing Distribution
Address Breakdown
Residential
339
Single Family
339
Multi-Family
0
Businesses
36
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 2001
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60911, Ashkum, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 608 (100%) |
| Owner Occupied HU | 463 (76.2%) |
| Renter Occupied HU | 93 (15.3%) |
| Vacant Housing Units | 52 ( 8.6%) |
| Median Home Value | $165,858 |
| Average Home Value | $196,506 |
Housing Distribution
Address Breakdown
Residential
339
Single Family
339
Multi-Family
0
Businesses
36
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices