413 W Palm StCoultervilleIL62237
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 413 W Palm St, Coulterville, IL, 62237 in Coulterville speaks for itself: 19.2% gross on a $122,500 price, generating $1,960/mo in rent and $1,110/mo in net income after the $551/mo debt service. DSCR 3.56, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $13,319 stacks alongside $33,844 in projected five-year appreciation and $1,128/yr in principal reduction. Projected total cumulative return: $118,298.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 19.2% | 8.0% |
| Monthly Cash Flow | $1,110 | $1,500 |
City averages based on Coulterville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,960 |
| Total Monthly Debt Service | $801 |
| DSCR Ratio | 2.45x |
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.
Manufactured
Built in 2003
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62237, Coulterville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,191 (100%) |
| Owner Occupied HU | 880 (73.9%) |
| Renter Occupied HU | 170 (14.3%) |
| Vacant Housing Units | 141 (11.8%) |
| Median Home Value | $162,766 |
| Average Home Value | $190,483 |
Housing Distribution
Address Breakdown
Residential
857
Single Family
857
Multi-Family
0
Businesses
49
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
Manufactured
Built in 2003
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62237, Coulterville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,191 (100%) |
| Owner Occupied HU | 880 (73.9%) |
| Renter Occupied HU | 170 (14.3%) |
| Vacant Housing Units | 141 (11.8%) |
| Median Home Value | $162,766 |
| Average Home Value | $190,483 |
Housing Distribution
Address Breakdown
Residential
857
Single Family
857
Multi-Family
0
Businesses
49
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jayci D Hilt • Property Peddler, Inc
Mls Name: MARIS
Mls Provider:
Mls ID: #25033633
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