447 W Crea StCerro GordoIL61818
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 447 W Crea St, Cerro Gordo, IL, 61818 in Cerro Gordo hard to pass up. The 18.62% gross yield on a $105,177 purchase results in $1,632/mo in rent and $902/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (3.45). Annual cash flow of $10,830, five-year appreciation of $29,058, and $969/yr in equity build-up combine for a projected total cumulative return of $98,329.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18.6% | 5.2% |
| Monthly Cash Flow | $902 | $300 |
City averages based on Cerro Gordo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,632 |
| Total Monthly Debt Service | $688 |
| DSCR Ratio | 2.37x |
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 1964
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61818, Cerro Gordo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 698 (100%) |
| Owner Occupied HU | 514 (73.6%) |
| Renter Occupied HU | 124 (17.8%) |
| Vacant Housing Units | 60 ( 8.6%) |
| Median Home Value | $127,500 |
| Average Home Value | $148,278 |
Housing Distribution
Address Breakdown
Residential
368
Single Family
368
Multi-Family
0
Businesses
36
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 1964
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61818, Cerro Gordo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 698 (100%) |
| Owner Occupied HU | 514 (73.6%) |
| Renter Occupied HU | 124 (17.8%) |
| Vacant Housing Units | 60 ( 8.6%) |
| Median Home Value | $127,500 |
| Average Home Value | $148,278 |
Housing Distribution
Address Breakdown
Residential
368
Single Family
368
Multi-Family
0
Businesses
36
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