60 E Ash StCantonIL61520
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 60 E Ash St, Canton, IL, 61520 in Canton is narrow, $164/mo net on $1,206/mo rent after the $674/mo debt service, but the property operates at break-even-plus, not a loss. At $149,900 with a 9.65% yield, the long-run equity case via 5% appreciation ($41,415 over five years) and $1,381/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.79 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $67,907.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 8.0% |
| Monthly Cash Flow | $164 | $300 |
City averages based on Canton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,206 |
| Total Monthly Debt Service | $982 |
| DSCR Ratio | 1.23x |
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 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1911
4,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61520, Canton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,481 (100%) |
| Owner Occupied HU | 4,774 (63.8%) |
| Renter Occupied HU | 1,833 (24.5%) |
| Vacant Housing Units | 874 (11.7%) |
| Median Home Value | $121,170 |
| Average Home Value | $158,401 |
Housing Distribution
Address Breakdown
Residential
6,714
Single Family
6,340
Multi-Family
374
Businesses
482
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
Multi Family
Built in 1911
4,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61520, Canton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,481 (100%) |
| Owner Occupied HU | 4,774 (63.8%) |
| Renter Occupied HU | 1,833 (24.5%) |
| Vacant Housing Units | 874 (11.7%) |
| Median Home Value | $121,170 |
| Average Home Value | $158,401 |
Housing Distribution
Address Breakdown
Residential
6,714
Single Family
6,340
Multi-Family
374
Businesses
482
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Seth Wright • Rhoades Real Estate & Land Auc
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1258217
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.