589 W 5th StWoodhullIL61490
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors approaching the U.S. market with capital-preservation in mind will find 589 W 5th St, Woodhull, IL, 61490 in Woodhull aligned with their strategy. Rental yield 7.92%. DSCR 1.39 and 7.92% yield provide a sound foundation. Ziffy Mortgage's DSCR program enables non-U.S. residents to acquire without domestic credit. Over five years, 5% appreciation and $1,927/yr in paydown build toward a projected cumulative return of $78,613.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 7.0% |
| Monthly Cash Flow | $(78) | $5,000 |
City averages based on Woodhull 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 | $1,517 |
| Total Monthly Debt Service | $1,559 |
| DSCR Ratio | 0.97x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1975
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61490, Woodhull, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 487 (100%) |
| Owner Occupied HU | 367 (75.4%) |
| Renter Occupied HU | 79 (16.2%) |
| Vacant Housing Units | 41 ( 8.4%) |
| Median Home Value | $163,564 |
| Average Home Value | $183,379 |
Housing Distribution
Address Breakdown
Residential
253
Single Family
253
Multi-Family
0
Businesses
52
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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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Listed by: Nancy Landi • RE/MAX Concepts Moline
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4266824
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
