497 Walnut StBushnellIL61422
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 497 Walnut St, Bushnell, IL, 61422 in Bushnell, $119,500, 9.29% gross yield, $96/mo net income. Consider it a market-entry position, the $925/mo rent covers the $537/mo payment with a margin, and 5%/yr appreciation is projected to add $33,016 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.72) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $51,961.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 7.0% |
| Monthly Cash Flow | $96 | $300 |
City averages based on Bushnell market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $925 |
| Total Monthly Debt Service | $781 |
| 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 1967
10,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61422, Bushnell, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,551 (100%) |
| Owner Occupied HU | 995 (64.2%) |
| Renter Occupied HU | 346 (22.3%) |
| Vacant Housing Units | 210 (13.5%) |
| Median Home Value | $85,531 |
| Average Home Value | $115,711 |
Housing Distribution
Address Breakdown
Residential
1,388
Single Family
1,388
Multi-Family
0
Businesses
125
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 1967
10,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61422, Bushnell, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,551 (100%) |
| Owner Occupied HU | 995 (64.2%) |
| Renter Occupied HU | 346 (22.3%) |
| Vacant Housing Units | 210 (13.5%) |
| Median Home Value | $85,531 |
| Average Home Value | $115,711 |
Housing Distribution
Address Breakdown
Residential
1,388
Single Family
1,388
Multi-Family
0
Businesses
125
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices