505 S Clay StTaylorvilleIL62568
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 1.12% gross rental yield, 505 S Clay St, Taylorville, IL, 62568 in Taylorville is priced for capital growth, not immediate cash flow. The $314,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $86,752 by year five, with $2,892/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.21) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.1% | 8.0% |
| Monthly Cash Flow | $(1,884) | $500 |
City averages based on Taylorville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $294 |
| Total Monthly Debt Service | $2,053 |
| DSCR Ratio | 0.14x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1871
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62568, Taylorville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,015 (100%) |
| Owner Occupied HU | 4,563 (65.0%) |
| Renter Occupied HU | 1,786 (25.5%) |
| Vacant Housing Units | 666 ( 9.5%) |
| Median Home Value | $139,713 |
| Average Home Value | $185,121 |
Housing Distribution
Address Breakdown
Residential
6,525
Single Family
6,002
Multi-Family
523
Businesses
542
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 1871
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62568, Taylorville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,015 (100%) |
| Owner Occupied HU | 4,563 (65.0%) |
| Renter Occupied HU | 1,786 (25.5%) |
| Vacant Housing Units | 666 ( 9.5%) |
| Median Home Value | $139,713 |
| Average Home Value | $185,121 |
Housing Distribution
Address Breakdown
Residential
6,525
Single Family
6,002
Multi-Family
523
Businesses
542
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices