511 W 4th StCoffeenIL62017
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 511 W 4th St, Coffeen, IL, 62017 in Coffeen earns a 10.82% gross yield at $179,900. Rent of $1,622/mo nets $375/mo after the $809/mo mortgage. The 2.00 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $49,703 and $1,657/yr in equity accumulation project a total cumulative return of $92,890.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 9.0% |
| Monthly Cash Flow | $375 | $1,200 |
City averages based on Coffeen market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,622 |
| Total Monthly Debt Service | $1,176 |
| DSCR Ratio | 1.38x |
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 1971
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62017, Coffeen, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 560 (100%) |
| Owner Occupied HU | 391 (69.8%) |
| Renter Occupied HU | 79 (14.1%) |
| Vacant Housing Units | 90 (16.1%) |
| Median Home Value | $121,484 |
| Average Home Value | $163,798 |
Housing Distribution
Address Breakdown
Residential
438
Single Family
438
Multi-Family
0
Businesses
23
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 1971
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62017, Coffeen, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 560 (100%) |
| Owner Occupied HU | 391 (69.8%) |
| Renter Occupied HU | 79 (14.1%) |
| Vacant Housing Units | 90 (16.1%) |
| Median Home Value | $121,484 |
| Average Home Value | $163,798 |
Housing Distribution
Address Breakdown
Residential
438
Single Family
438
Multi-Family
0
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices