423 S Walnut St #427West UnionIL62477
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 423 S Walnut St #427, West Union, IL, 62477 in West Union is straightforward: $140,000 in, $1,252/mo in rent, $281/mo out after debt service. The 10.73% gross yield and 1.99 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $38,679 by year five. With $1,289/yr in principal equity, the total cumulative return is projected at $71,640.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 8.0% |
| Monthly Cash Flow | $281 | $1,200 |
City averages based on West Union market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,252 |
| Total Monthly Debt Service | $915 |
| DSCR Ratio | 1.37x |
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 1976
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62477, West Union, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 421 (100%) |
| Owner Occupied HU | 321 (76.2%) |
| Renter Occupied HU | 52 (12.4%) |
| Vacant Housing Units | 48 (11.4%) |
| Median Home Value | $149,085 |
| Average Home Value | $191,978 |
Housing Distribution
Address Breakdown
Residential
363
Single Family
363
Multi-Family
0
Businesses
29
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 1976
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62477, West Union, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 421 (100%) |
| Owner Occupied HU | 321 (76.2%) |
| Renter Occupied HU | 52 (12.4%) |
| Vacant Housing Units | 48 (11.4%) |
| Median Home Value | $149,085 |
| Average Home Value | $191,978 |
Housing Distribution
Address Breakdown
Residential
363
Single Family
363
Multi-Family
0
Businesses
29
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A