610 N Harding StKirkwoodIL61447
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 610 N Harding St, Kirkwood, IL, 61447 in Kirkwood: $2,879/mo in rent, $1,498/mo net, 17.36% gross yield, all on a $199,000 acquisition. The 3.22 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $54,980 in value, and $1,833/yr in principal paydown steadily builds equity. Projected total cumulative return: $172,554.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17.4% | 8.0% |
| Monthly Cash Flow | $1,498 | $1,500 |
City averages based on Kirkwood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,879 |
| Total Monthly Debt Service | $1,301 |
| DSCR Ratio | 2.21x |
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 1974
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61447, Kirkwood, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 375 (100%) |
| Owner Occupied HU | 287 (76.5%) |
| Renter Occupied HU | 58 (15.5%) |
| Vacant Housing Units | 30 ( 8.0%) |
| Median Home Value | $131,944 |
| Average Home Value | $227,988 |
Housing Distribution
Address Breakdown
Residential
252
Single Family
252
Multi-Family
0
Businesses
26
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 1974
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61447, Kirkwood, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 375 (100%) |
| Owner Occupied HU | 287 (76.5%) |
| Renter Occupied HU | 58 (15.5%) |
| Vacant Housing Units | 30 ( 8.0%) |
| Median Home Value | $131,944 |
| Average Home Value | $227,988 |
Housing Distribution
Address Breakdown
Residential
252
Single Family
252
Multi-Family
0
Businesses
26
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices