515 N 6th StRochelleIL61068
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 4.8% gross rental yield, 515 N 6th St, Rochelle, IL, 61068 in Rochelle is priced for capital growth, not immediate cash flow. The $275,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $75,977 by year five, with $2,533/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.89) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $53,127.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 6.5% |
| Monthly Cash Flow | $(808) | $150 |
City averages based on Rochelle market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,099 |
| Total Monthly Debt Service | $1,798 |
| DSCR Ratio | 0.61x |
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.
Multi Family
Built in 1900
N/A lot
$N/A/sqft
No HOA
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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
Multi Family
Built in 1900
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices