414 E Main StToulonIL61483
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 414 E Main St, Toulon, IL, 61483 in Toulon at $141,900 earns $1,076/mo in rent and nets $92/mo after the $638/mo payment, a 9.1% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $39,204 over five years. Ziffy Mortgage underwrites this on a 1.69 DSCR without U.S. credit history. With $1,307/yr in principal paydown, total projected return reaches $60,228.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.0% |
| Monthly Cash Flow | $92 | $200 |
City averages based on Toulon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,076 |
| Total Monthly Debt Service | $928 |
| DSCR Ratio | 1.16x |
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 1979
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61483, Toulon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 919 (100%) |
| Owner Occupied HU | 596 (64.9%) |
| Renter Occupied HU | 180 (19.6%) |
| Vacant Housing Units | 143 (15.6%) |
| Median Home Value | $115,789 |
| Average Home Value | $153,977 |
Housing Distribution
Address Breakdown
Residential
577
Single Family
555
Multi-Family
22
Businesses
65
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 1979
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61483, Toulon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 919 (100%) |
| Owner Occupied HU | 596 (64.9%) |
| Renter Occupied HU | 180 (19.6%) |
| Vacant Housing Units | 143 (15.6%) |
| Median Home Value | $115,789 |
| Average Home Value | $153,977 |
Housing Distribution
Address Breakdown
Residential
577
Single Family
555
Multi-Family
22
Businesses
65
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices