435 120th AveNew BostonIL61272
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 435 120th Ave, New Boston, IL, 61272 in New Boston speaks for itself: 15.28% gross on a $170,000 price, generating $2,165/mo in rent and $986/mo in net income after the $764/mo debt service. DSCR 2.83, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $11,828 stacks alongside $46,968 in projected five-year appreciation and $1,566/yr in principal reduction. Projected total cumulative return: $128,472.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.3% | 6.0% |
| Monthly Cash Flow | $986 | $300 |
City averages based on New Boston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,165 |
| Total Monthly Debt Service | $1,112 |
| DSCR Ratio | 1.95x |
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 1925
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61272, New Boston, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 717 (100%) |
| Owner Occupied HU | 535 (74.6%) |
| Renter Occupied HU | 96 (13.4%) |
| Vacant Housing Units | 86 (12.0%) |
| Median Home Value | $139,195 |
| Average Home Value | $176,860 |
Housing Distribution
Address Breakdown
Residential
665
Single Family
665
Multi-Family
0
Businesses
21
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 1925
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61272, New Boston, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 717 (100%) |
| Owner Occupied HU | 535 (74.6%) |
| Renter Occupied HU | 96 (13.4%) |
| Vacant Housing Units | 86 (12.0%) |
| Median Home Value | $139,195 |
| Average Home Value | $176,860 |
Housing Distribution
Address Breakdown
Residential
665
Single Family
665
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jen Miller • RE/MAX Concepts Bettendorf
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4262841
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.