5630 Moline RdErieIL61250
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing5630 Moline Rd, Erie, IL, 61250 in Erie is a stable, well-positioned rental at $209,900. Rental yield 6.53%. DSCR 1.21 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $57,992 in value and $1,933/yr in principal paydown builds equity, a total projected return of $60,082.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.5% | 8.0% |
| Monthly Cash Flow | $(314) | $300 |
City averages based on Erie market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,142 |
| Total Monthly Debt Service | $1,372 |
| DSCR Ratio | 0.83x |
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 1950
7.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61250, Erie, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,101 (100%) |
| Owner Occupied HU | 848 (77.0%) |
| Renter Occupied HU | 175 (15.9%) |
| Vacant Housing Units | 78 ( 7.1%) |
| Median Home Value | $170,152 |
| Average Home Value | $206,657 |
Housing Distribution
Address Breakdown
Residential
841
Single Family
841
Multi-Family
0
Businesses
71
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 1950
7.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61250, Erie, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,101 (100%) |
| Owner Occupied HU | 848 (77.0%) |
| Renter Occupied HU | 175 (15.9%) |
| Vacant Housing Units | 78 ( 7.1%) |
| Median Home Value | $170,152 |
| Average Home Value | $206,657 |
Housing Distribution
Address Breakdown
Residential
841
Single Family
841
Multi-Family
0
Businesses
71
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices