417 W Riverside DrMchenryIL60051
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 417 W Riverside Dr, Mchenry, IL, 60051 in Mchenry speaks for itself: 17.05% gross on a $189,900 price, generating $2,698/mo in rent and $1,380/mo in net income after the $854/mo debt service. DSCR 3.16, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $16,565 stacks alongside $52,466 in projected five-year appreciation and $1,749/yr in principal reduction. Projected total cumulative return: $161,502.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17.1% | 6.0% |
| Monthly Cash Flow | $1,380 | $500 |
City averages based on Mchenry market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,698 |
| Total Monthly Debt Service | $1,242 |
| DSCR Ratio | 2.17x |
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
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60051, Mchenry, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,090 (100%) |
| Owner Occupied HU | 8,357 (75.4%) |
| Renter Occupied HU | 2,004 (18.1%) |
| Vacant Housing Units | 729 ( 6.6%) |
| Median Home Value | $334,347 |
| Average Home Value | $354,514 |
Housing Distribution
Address Breakdown
Residential
10,471
Single Family
9,701
Multi-Family
770
Businesses
760
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
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60051, Mchenry, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,090 (100%) |
| Owner Occupied HU | 8,357 (75.4%) |
| Renter Occupied HU | 2,004 (18.1%) |
| Vacant Housing Units | 729 ( 6.6%) |
| Median Home Value | $334,347 |
| Average Home Value | $354,514 |
Housing Distribution
Address Breakdown
Residential
10,471
Single Family
9,701
Multi-Family
770
Businesses
760
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices