523 W Bottom AveColumbiaIL62236
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 523 W Bottom Ave, Columbia, IL, 62236 in Columbia earns a 10.7% gross yield at $235,000. Rent of $2,095/mo nets $465/mo after the $1,114/mo mortgage. The 1.88 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $64,926 and $1,970/yr in equity accumulation project a total cumulative return of $115,415.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 7.0% |
| Monthly Cash Flow | $465 | $1,200 |
City averages based on Columbia 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 | $2,095 |
| Total Monthly Debt Service | $1,594 |
| DSCR Ratio | 1.31x |
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 N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62236, Columbia, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,987 (100%) |
| Owner Occupied HU | 4,739 (79.2%) |
| Renter Occupied HU | 930 (15.5%) |
| Vacant Housing Units | 318 ( 5.3%) |
| Median Home Value | $325,870 |
| Average Home Value | $363,309 |
Housing Distribution
Address Breakdown
Residential
5,708
Single Family
5,560
Multi-Family
148
Businesses
511
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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
