516 Main StDalzellIL61320
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $175,000, 516 Main St, Dalzell, IL, 61320 in Dalzell generates $1,277/mo in rent (8.76% yield) but nets only $63/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.54) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $48,349. Total projected return: $67,691.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 9.0% |
| Monthly Cash Flow | $63 | $300 |
City averages based on Dalzell market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,277 |
| Total Monthly Debt Service | $1,187 |
| DSCR Ratio | 1.08x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1900
6,510 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61320, Dalzell, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 358 (100%) |
| Owner Occupied HU | 260 (72.6%) |
| Renter Occupied HU | 70 (19.6%) |
| Vacant Housing Units | 28 ( 7.8%) |
| Median Home Value | $153,289 |
| Average Home Value | $162,413 |
Housing Distribution
Address Breakdown
Residential
252
Single Family
252
Multi-Family
0
Businesses
4
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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
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Nearby investment properties with comparable prices
