408 E Kaskaskia StPinckneyvilleIL62274
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 408 E Kaskaskia St, Pinckneyville, IL, 62274 in Pinckneyville. At $194,800 it earns $1,670/mo in rent and distributes $319/mo to the owner after the $876/mo payment, a consistent 10.29% yield. DSCR 1.91 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $53,820 in value; $1,794/yr in principal paydown compounds ownership stake. Total projected return: $95,047.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 8.0% |
| Monthly Cash Flow | $319 | $150 |
City averages based on Pinckneyville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,670 |
| Total Monthly Debt Service | $1,274 |
| DSCR Ratio | 1.31x |
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 1916
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62274, Pinckneyville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,797 (100%) |
| Owner Occupied HU | 1,992 (71.2%) |
| Renter Occupied HU | 489 (17.5%) |
| Vacant Housing Units | 316 (11.3%) |
| Median Home Value | $135,128 |
| Average Home Value | $169,423 |
Housing Distribution
Address Breakdown
Residential
2,599
Single Family
2,497
Multi-Family
102
Businesses
223
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 1916
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62274, Pinckneyville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,797 (100%) |
| Owner Occupied HU | 1,992 (71.2%) |
| Renter Occupied HU | 489 (17.5%) |
| Vacant Housing Units | 316 (11.3%) |
| Median Home Value | $135,128 |
| Average Home Value | $169,423 |
Housing Distribution
Address Breakdown
Residential
2,599
Single Family
2,497
Multi-Family
102
Businesses
223
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephen Cannedy • SHAMROCK REAL ESTATE
Mls Name: RMLS Alliance
Mls ID: #EB457825