408 E Victory StSidneyIL61877
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 408 E Victory St, Sidney, IL, 61877 in Sidney. At $274,500 it earns $2,138/mo in rent and distributes $234/mo to the owner after the $1,234/mo payment, a consistent 9.35% yield. DSCR 1.73 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $75,839 in value; $2,528/yr in principal paydown compounds ownership stake. Total projected return: $120,067.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 7.0% |
| Monthly Cash Flow | $234 | $300 |
City averages based on Sidney market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,138 |
| Total Monthly Debt Service | $1,795 |
| DSCR Ratio | 1.19x |
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 N/A
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61877, Sidney, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 707 (100%) |
| Owner Occupied HU | 568 (80.3%) |
| Renter Occupied HU | 109 (15.4%) |
| Vacant Housing Units | 30 ( 4.2%) |
| Median Home Value | $231,061 |
| Average Home Value | $276,400 |
Housing Distribution
Address Breakdown
Residential
495
Single Family
495
Multi-Family
0
Businesses
39
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 N/A
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61877, Sidney, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 707 (100%) |
| Owner Occupied HU | 568 (80.3%) |
| Renter Occupied HU | 109 (15.4%) |
| Vacant Housing Units | 30 ( 4.2%) |
| Median Home Value | $231,061 |
| Average Home Value | $276,400 |
Housing Distribution
Address Breakdown
Residential
495
Single Family
495
Multi-Family
0
Businesses
39
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices