438 S Mason StSheffieldIL61361
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 438 S Mason St, Sheffield, IL, 61361 in Sheffield, $299,999, 9.04% gross yield, $179/mo net income. Consider it a market-entry position, the $2,260/mo rent covers the $1,349/mo payment with a margin, and 5%/yr appreciation is projected to add $82,884 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.68) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $126,280.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 9.0% |
| Monthly Cash Flow | $179 | $1,200 |
City averages based on Sheffield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,260 |
| Total Monthly Debt Service | $1,961 |
| DSCR Ratio | 1.15x |
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 1900
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61361, Sheffield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 700 (100%) |
| Owner Occupied HU | 506 (72.3%) |
| Renter Occupied HU | 137 (19.6%) |
| Vacant Housing Units | 57 ( 8.1%) |
| Median Home Value | $128,000 |
| Average Home Value | $175,455 |
Housing Distribution
Address Breakdown
Residential
476
Single Family
476
Multi-Family
0
Businesses
62
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 1900
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61361, Sheffield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 700 (100%) |
| Owner Occupied HU | 506 (72.3%) |
| Renter Occupied HU | 137 (19.6%) |
| Vacant Housing Units | 57 ( 8.1%) |
| Median Home Value | $128,000 |
| Average Home Value | $175,455 |
Housing Distribution
Address Breakdown
Residential
476
Single Family
476
Multi-Family
0
Businesses
62
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices