603 S Main StEurekaIL61530
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 603 S Main St, Eureka, IL, 61530 in Eureka is straightforward: $209,900 in, $1,910/mo in rent, $454/mo out after debt service. The 10.92% gross yield and 2.02 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $57,992 by year five. With $1,933/yr in principal equity, the total cumulative return is projected at $109,522.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 8.0% |
| Monthly Cash Flow | $454 | $1,500 |
City averages based on Eureka market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,910 |
| Total Monthly Debt Service | $1,372 |
| DSCR Ratio | 1.39x |
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.
Single Family
Built in 1940
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61530, Eureka, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,631 (100%) |
| Owner Occupied HU | 1,847 (70.2%) |
| Renter Occupied HU | 618 (23.5%) |
| Vacant Housing Units | 166 ( 6.3%) |
| Median Home Value | $182,292 |
| Average Home Value | $212,197 |
Housing Distribution
Address Breakdown
Residential
2,547
Single Family
2,413
Multi-Family
134
Businesses
233
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 1940
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61530, Eureka, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,631 (100%) |
| Owner Occupied HU | 1,847 (70.2%) |
| Renter Occupied HU | 618 (23.5%) |
| Vacant Housing Units | 166 ( 6.3%) |
| Median Home Value | $182,292 |
| Average Home Value | $212,197 |
Housing Distribution
Address Breakdown
Residential
2,547
Single Family
2,413
Multi-Family
134
Businesses
233
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices