55 W 1st StNashvilleIL62214
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing55 W 1st St, Nashville, IL, 62214 in Nashville is a stable, well-positioned rental at $260,000. Rental yield 6.28%. DSCR 1.16 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $71,833 in value and $2,395/yr in principal paydown builds equity, a total projected return of $70,965.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.3% | 7.2% |
| Monthly Cash Flow | $(444) | $300 |
City averages based on Nashville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,360 |
| Total Monthly Debt Service | $1,700 |
| DSCR Ratio | 0.80x |
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.
Single Family
Built in 1913
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62214, Addieville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 515 (100%) |
| Owner Occupied HU | 414 (80.4%) |
| Renter Occupied HU | 44 ( 8.5%) |
| Vacant Housing Units | 57 (11.1%) |
| Median Home Value | $240,000 |
| Average Home Value | $266,643 |
Housing Distribution
Address Breakdown
Residential
451
Single Family
451
Multi-Family
0
Businesses
21
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 1913
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62214, Addieville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 515 (100%) |
| Owner Occupied HU | 414 (80.4%) |
| Renter Occupied HU | 44 ( 8.5%) |
| Vacant Housing Units | 57 (11.1%) |
| Median Home Value | $240,000 |
| Average Home Value | $266,643 |
Housing Distribution
Address Breakdown
Residential
451
Single Family
451
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices