4306 Westridge DrWinnebagoIL61088
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 4306 Westridge Dr, Winnebago, IL, 61088 in Winnebago hard to pass up. The 13.03% gross yield on a $253,000 purchase results in $2,748/mo in rent and $875/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.41). Annual cash flow of $10,498, five-year appreciation of $69,899, and $2,330/yr in equity build-up combine for a projected total cumulative return of $153,591.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13% | 6.0% |
| Monthly Cash Flow | $875 | $300 |
City averages based on Winnebago market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,748 |
| Total Monthly Debt Service | $1,773 |
| DSCR Ratio | 1.55x |
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 2003
0.26 Acres lot
$N/A/sqft
$355 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61088, Winnebago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,332 (100%) |
| Owner Occupied HU | 1,936 (83.0%) |
| Renter Occupied HU | 267 (11.4%) |
| Vacant Housing Units | 129 ( 5.5%) |
| Median Home Value | $216,291 |
| Average Home Value | $256,985 |
Housing Distribution
Address Breakdown
Residential
2,244
Single Family
2,244
Multi-Family
0
Businesses
127
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 2003
0.26 Acres lot
$N/A/sqft
$355 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61088, Winnebago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,332 (100%) |
| Owner Occupied HU | 1,936 (83.0%) |
| Renter Occupied HU | 267 (11.4%) |
| Vacant Housing Units | 129 ( 5.5%) |
| Median Home Value | $216,291 |
| Average Home Value | $256,985 |
Housing Distribution
Address Breakdown
Residential
2,244
Single Family
2,244
Multi-Family
0
Businesses
127
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pamela Cunningham • Gambino Realtors
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202503014
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.