4N891 Honey Hill CirWayneIL60184
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 4N891 Honey Hill Cir, Wayne, IL, 60184 in Wayne. Priced at $1,000,000, it generates $9,600/mo in gross rent and $2,645/mo in net monthly cash flow, a 11.52% yield that comfortably supports the 2.13 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $31,742. Five-year appreciation: $276,282. Equity from principal paydown: $9,210/yr. Total projected cumulative return: $552,714.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 6.0% |
| Monthly Cash Flow | $2,645 | $1,200 |
City averages based on Wayne market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $9,600 |
| Total Monthly Debt Service | $6,557 |
| DSCR Ratio | 1.46x |
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 1990
3.03 Acres lot
$N/A/sqft
$224 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60184, Wayne, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 890 (100%) |
| Owner Occupied HU | 792 (89.0%) |
| Renter Occupied HU | 48 ( 5.4%) |
| Vacant Housing Units | 50 ( 5.6%) |
| Median Home Value | $602,891 |
| Average Home Value | $674,618 |
Housing Distribution
Address Breakdown
Residential
745
Single Family
745
Multi-Family
0
Businesses
85
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 1990
3.03 Acres lot
$N/A/sqft
$224 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60184, Wayne, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 890 (100%) |
| Owner Occupied HU | 792 (89.0%) |
| Renter Occupied HU | 48 ( 5.4%) |
| Vacant Housing Units | 50 ( 5.6%) |
| Median Home Value | $602,891 |
| Average Home Value | $674,618 |
Housing Distribution
Address Breakdown
Residential
745
Single Family
745
Multi-Family
0
Businesses
85
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices