512 W McDamyn CirWinnebagoIL61088
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 512 W McDamyn Cir, Winnebago, IL, 61088 in Winnebago. At $266,000 it earns $2,059/mo in rent and distributes $325/mo to the owner after the $1,196/mo payment, a consistent 9.88% yield. DSCR 1.72 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $73,491 in value; $2,450/yr in principal paydown compounds ownership stake. Total projected return: $115,511.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 6.0% |
| Monthly Cash Flow | $325 | $300 |
City averages based on Winnebago market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,059 |
| Total Monthly Debt Service | $1,739 |
| 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 1972
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61088, Winnebago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,332 (100%) |
| Owner Occupied HU | 1,936 (83.0%) |
| Renter Occupied HU | 267 (11.4%) |
| Vacant Housing Units | 129 ( 5.5%) |
| Median Home Value | $216,291 |
| Average Home Value | $256,985 |
Housing Distribution
Address Breakdown
Residential
2,244
Single Family
2,244
Multi-Family
0
Businesses
127
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 1972
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61088, Winnebago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,332 (100%) |
| Owner Occupied HU | 1,936 (83.0%) |
| Renter Occupied HU | 267 (11.4%) |
| Vacant Housing Units | 129 ( 5.5%) |
| Median Home Value | $216,291 |
| Average Home Value | $256,985 |
Housing Distribution
Address Breakdown
Residential
2,244
Single Family
2,244
Multi-Family
0
Businesses
127
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mike Weerda • Gambino Realtors
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202504652
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.