430 S Jackson StLitchfieldIL62056
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 430 S Jackson St, Litchfield, IL, 62056 in Litchfield is narrow, $105/mo net on $1,073/mo rent after the $627/mo debt service, but the property operates at break-even-plus, not a loss. At $139,500 with a 9.23% yield, the long-run equity case via 5% appreciation ($38,541 over five years) and $1,285/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.71 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $60,196.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 7.0% |
| Monthly Cash Flow | $105 | $300 |
City averages based on Litchfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,073 |
| Total Monthly Debt Service | $912 |
| DSCR Ratio | 1.18x |
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 1920
6,560 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62056, Litchfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,979 (100%) |
| Owner Occupied HU | 2,573 (64.7%) |
| Renter Occupied HU | 960 (24.1%) |
| Vacant Housing Units | 446 (11.2%) |
| Median Home Value | $130,117 |
| Average Home Value | $191,364 |
Housing Distribution
Address Breakdown
Residential
3,757
Single Family
3,582
Multi-Family
175
Businesses
421
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 1920
6,560 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62056, Litchfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,979 (100%) |
| Owner Occupied HU | 2,573 (64.7%) |
| Renter Occupied HU | 960 (24.1%) |
| Vacant Housing Units | 446 (11.2%) |
| Median Home Value | $130,117 |
| Average Home Value | $191,364 |
Housing Distribution
Address Breakdown
Residential
3,757
Single Family
3,582
Multi-Family
175
Businesses
421
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sue L Pirok • Cisler & Associates Real Estate
Mls Name: MARIS
Mls ID: #25048197